pumped storage projects

India | Generation | News

EAC backs ToR for 3,810 MW hydro and PSP projects across six states
By April 16, 2026April 16, 2026

The Expert Appraisal Committee for River Valley and Hydroelectric Projects (EAC), under the Ministry of Environment, Forest and Climate Change (MoEFCC), has recommended the grant of Terms of Reference (ToR) for five power projects with a combined capacity of 3,810 MW. The decisions were taken at the committee’s 51st meeting. Seshachalam PSP, Andhra Pradesh – 600 MW In Andhra Pradesh, ToR has been recommended for the 600 MW Seshachalam Pumped Storage Project in Tirupati district,…

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India | News | Policy & Programmes

IEEMA launches Telangana Power Conclave 2026 in Hyderabad
By January 23, 2026January 23, 2026

The Indian Electrical and Electronics Manufacturers’ Association (IEEMA) inaugurated the first Telangana Power Conclave in Hyderabad on January 22, 2026. The event focused on Telangana’s energy roadmap, its push to emerge as India’s pumped storage project (PSP) hub, and the integration of renewable energy with grid modernisation and electric mobility. The Telangana Power Conclave marked the sixth state level forum launched by IEEMA to strengthen regional industry engagement and highlight local business opportunities. More than…

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India | News

REC to finance pumped storage projects in Kerala
By March 17, 2025March 17, 2025

REC Limited has signed a memorandum of understanding (MoU) with the Energy Management Centre (EMC), Government of Kerala, to finance pumped storage projects (PSPs) in the state over the next five years. The investment, estimated at Rs 183.6 billion, aims to enhance grid stability and facilitate the integration of renewable energy. The PSPs will play a crucial role in Kerala’s long-term energy strategy, which focuses on sustainable and efficient power management. As renewable energy sources…

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India | News

Greenko’s new pumped storage projects in Assam, MP, Odisha
By February 28, 2025February 28, 2025

Greenko Energies Private Limited has signed a Memorandum of Understanding (MoU) with the Government of Assam to develop a 900 MW pumped storage project (PSP) in Karbi Anglong district. The project will require an estimated investment of Rs 58.5 billion. Separately, Greenko signed an MoU with the Madhya Pradesh government to develop multiple new PSPs in the state. In Odisha, Greenko signed an MoU in January 2025 to develop a 1,200 MW off-stream closed-loop pumped…

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India | News

Avaada Energy to raise Rs 84 billion for renewable projects
By December 27, 2024December 27, 2024

Avaada Energy Private Limited plans to raise Rs 84 billion (USD 1 billion) in debt by March 2025 to fund its wind, solar, and other renewable projects. Equity for these projects has already been secured. The company also intends to develop pumped storage projects (PSPs) in Rajasthan and Odisha.

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