CEA clears Upper Indravati pumped storage project in Odisha
Author: PPD Team Date: May 7, 2025
Author: PPD Team Date: May 7, 2025
The Central Electricity Authority (CEA) has granted final approval for the Upper Indravati Pumped Storage Project in Odisha. The 600 MW (4×150 MW) project will be developed by Odisha Hydro Power Corporation Limited (OHPC) at Mukhiguda village in Kalahandi district.
The project involves an estimated investment of Rs 31.6 billion and aims to strengthen grid stability and provide peak power support through energy storage.
OHPC is also preparing detailed project reports (DPRs) for two additional pumped storage projects in the state. These include the 2×160 MW Upper Kolab project in Koraput district, with an estimated investment of Rs 16.1 billion, and the 2×250 MW Balimela project in Malkangiri district, with a proposed investment of Rs 24.13 billion.
These initiatives are part of Odisha’s strategy to expand its energy storage capacity and integrate more renewable power into the grid.
Author: PPD Team Date: February 11, 2025 Bharat Heavy Electricals Limited (BHEL) has received a Letter of Award (LoA) worth Rs 80 billion for the engineering, procurement, and construction (EPC) of the 2×660 MW Koradi Thermal Power Project. The contract, awarded by Maharashtra State Power Generation Company Limited (MSPGCL) on February 7, 2025, covers the design, engineering, manufacturing, and commissioning of the Boiler, Turbine, and Generator (BTG) package. The scope includes designing, manufacturing, testing, and…
Author: PPD Team Date: January 17, 2025 Pertamina New & Renewable Energy (Pertamina NRE), a subsidiary of an Indonesian State-Owned Enterprise, has signed a share subscription agreement with Citicore Renewable Energy Corporation (CREC). Pertamina NRE will acquire a 20% stake in CREC by subscribing to 2,232,143,036 common shares at PhP 3.00 per share, amounting to approximately $115 million. This partnership gives Pertamina NRE access to CREC’s expertise in engineering, procurement, and construction (EPC) while supporting…
Author: PPD Team Date: February 9, 2026 Hindustan Zinc Limited, in collaboration with the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), has developed stable zinc-ion battery pouch cell prototypes aimed at large-scale renewable energy storage. The development marks progress in India’s indigenous research on alternative energy storage technologies. The collaboration focuses on addressing key technical challenges in zinc-ion batteries, including optimisation of electrode and electrolyte materials to improve cycle life and energy density. According…
Author: PPD Team Date: December 23, 2024 Lloyd Metals and Energy Limited plans to form two special purpose vehicles (SPVs) with Amplus Energy Solutions and Hinduja Renewables Energy for procuring 100 MW solar power for its captive use. The company will invest Rs 250 million and Rs 270 million to acquire a 26 per cent stake in the SPVs with Amplus Energy and Hinduja Renewables, respectively. The SPVs will develop and operate captive solar plants,…
Author: PPD Team Date: October 9, 2025 Dilip Buildcon Limited, through its joint venture DBL-APMPL, has received a letter of acceptance (LoA) from Madhya Pradesh Jal Nigam (MPJNM) to develop a 100 MW grid-connected, ground-mounted solar photovoltaic project under captive mode. The JV will handle the project’s design, engineering, supply, construction, erection, testing, and commissioning, along with operation and maintenance services for 25 years. Once operational, the project will supply power to MPJNM at Rs 2.09…
Author: PPD Team Date: March 26, 2025 Power Grid Corporation of India Limited (PGCIL) has acquired two special purpose vehicles (SPVs) to implement key transmission projects in Karnataka and Rajasthan. The two SPVs are: Chitradurga Bellary REZ Transmission Limited – Responsible for “Transmission Scheme for integration of Davanagere / Chitradurga and Bellary REZ in Karnataka.” Fatehgarh II And Barmer I PS Transmission Limited – Responsible for “Augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Section II) and…