CEA Clears 6 Hydro-pumped Storage Projects Totalling 7.5 GW for FY25
15 Apr 2025
2 Min Read
CW Team
The Central Electricity Authority (CEA), under the Ministry of Power, has granted techno-economic clearance to six hydro-pumped storage projects (PSPs) with a combined capacity of approximately 7.5 GW during 2024-25. This clearance marks a significant milestone in India’s push toward long-term, sustainable energy storage. The approved projects include Upper Indravati (600 MW) in Odisha, Sharavathy (2,000 MW) in Karnataka, Bhivpuri (1,000 MW) and Bhavali (1,500 MW) in Maharashtra, MP-30 (1,920 MW) in Madhya Pradesh, and Chitravathi (500 MW) in Andhra Pradesh.
These approvals are the result of coordinated efforts among project developers and appraising bodies such as the Central Water Commission (CWC), Geological Survey of India (GSI), and the Central Soil and Materials Research Station (CSMRS). Various measures were implemented to resolve challenges and accelerate the appraisal process, which was further streamlined through the Jalvi Store portal.
Looking ahead, CEA aims to approve at least 13 PSPs with a total capacity of around 22 GW in 2025-26. Most of these projects are targeted for commissioning within four years and no later than 2030. Their development is expected to significantly enhance the country's energy storage capabilities, supporting grid stability and advancing India’s renewable energy targets.
Private sector involvement in the PSP segment has been increasing, with the estimated potential now exceeding 200 GW and growing steadily. Currently, India has around 3.5 GW of operational hydro PSP capacity. Two more projects, totalling about 3 GW, are expected to be commissioned this year. Additionally, eight projects (10 GW) are under construction, while DPRs for three more (3 GW) have been approved. Another 49 projects totalling 66 GW are under survey and investigation, with final DPRs expected within two years.
News source: The Week
Image Source:kresogroup.com
The Central Electricity Authority (CEA), under the Ministry of Power, has granted techno-economic clearance to six hydro-pumped storage projects (PSPs) with a combined capacity of approximately 7.5 GW during 2024-25. This clearance marks a significant milestone in India’s push toward long-term, sustainable energy storage. The approved projects include Upper Indravati (600 MW) in Odisha, Sharavathy (2,000 MW) in Karnataka, Bhivpuri (1,000 MW) and Bhavali (1,500 MW) in Maharashtra, MP-30 (1,920 MW) in Madhya Pradesh, and Chitravathi (500 MW) in Andhra Pradesh.
These approvals are the result of coordinated efforts among project developers and appraising bodies such as the Central Water Commission (CWC), Geological Survey of India (GSI), and the Central Soil and Materials Research Station (CSMRS). Various measures were implemented to resolve challenges and accelerate the appraisal process, which was further streamlined through the Jalvi Store portal.
Looking ahead, CEA aims to approve at least 13 PSPs with a total capacity of around 22 GW in 2025-26. Most of these projects are targeted for commissioning within four years and no later than 2030. Their development is expected to significantly enhance the country's energy storage capabilities, supporting grid stability and advancing India’s renewable energy targets.
Private sector involvement in the PSP segment has been increasing, with the estimated potential now exceeding 200 GW and growing steadily. Currently, India has around 3.5 GW of operational hydro PSP capacity. Two more projects, totalling about 3 GW, are expected to be commissioned this year. Additionally, eight projects (10 GW) are under construction, while DPRs for three more (3 GW) have been approved. Another 49 projects totalling 66 GW are under survey and investigation, with final DPRs expected within two years.
News source: The WeekImage Source:kresogroup.com
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States� share of global activity below 15 per cent. Meanwhile, in..