NHPC Ltd, a state-owned hydropower company, has announced a major investment of Rs 840 billion to develop 20 GW of pumped storage capacity. This project is part of a larger capital expenditure plan estimated at Rs 12,000 billion, with most investments to be made through joint ventures (JVs). Currently, NHPC has an installed capacity of…
SJVN Limited and the Government of Bihar (GoB) signed an MoU on December 31, 2024, to develop the 1,000 MW Hathidah-Durgawati Pumped Storage Project and other similar projects in Bihar. The 1,000 MW (4×250 MW) Hathidah-Durgawati project will be built on the Durgawati River in Kaimur, Bihar, at an estimated cost of Rs 56,630 million.
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the granting of Terms of Reference (ToR) for the 1,200 MW Sikaser Open Loop Pumped Storage Hydro-electric Project in Chhattisgarh in its latest meeting. The project is being developed by Chhattisgarh State Power Generation Company Limited (CSPGCL) near…
Spain is set to become a leader in renewable energy with the construction of the continent’s largest pumped storage power plant. Managed by Iberdrola, the Conso II project will be located in Ourense, Galicia, and will involve an investment of over 1.5 billion euros. The Conso II facility will feature an innovative design that connects…
DMR Hydroengineering & Infrastructures Limited, in partnership with Fitchner GmbH & Co. KG, Germany, has been empanelled by THDC India Limited (THDCIL) as a consultant for the preparation of Detailed Project Reports (DPR) for THDCIL’s upcoming pumped storage projects across various states in India. This empanelment was confirmed through a letter dated December 4, 2024.
WAPCOS Limited has been awarded a Letter of Award (LoA) worth Rs 2.3 million for consultancy services to analyze potential pumped storage project (PSP) sites in Uttar Pradesh. The contract follows the Request for Proposal (RfP) issued by Invest UP (formerly Udyog Bandhu) in July 2024. The analysis will cover PSP sites in Chitrakoot Dham,…
SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief…
The Ministry of Power (MoP) has launched the National Electricity Plan for transmission, targeting the transmission of 500 GW of renewable energy by 2030 and over 600 GW by 2032. The plan also addresses the need for 47 GW of battery energy storage systems and 31 GW of pumped storage plants. From 2022-23 to 2031-32,…