The Ministry of Power (MoP) has revised the provision of budgetary support for hydroelectric and Pumped Storage Projects (PSPs), allocating Rs 124.6 billion from FY 2024–25 to 2031–32 to support 31 GW of hydroelectric capacity, including 15 GW from PSPs. The support is capped at Rs 10 million/MW for projects up to 200 MW, and Rs 2 billion plus Rs 7.5 million/MW for projects exceeding 200 MW, with an increase to Rs 15 million/MW for…
The Himachal Pradesh government has initiated pumped storage projects (PSPs) with the approval of two key projects: the 1,630 MW Renukaji pump storage project in Sirmaur district and the 270 MW Thana Plaun pump storage project in the Beas Basin, Mandi district. Chief Minister Sukhvinder Singh Sukhu confirmed the projects have been allotted to Himachal Pradesh Power Corporation (HPPCL), with work already underway. The Renukaji project will generate 40 MW, and the Thana Plaun hydropower…
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