亚博体育官网首页

CEA Clears Record 7.5 GW Hydro Pumped Storage Projects in FY25
POWER & RENEWABLE ENERGY

CEA Clears Record 7.5 GW Hydro Pumped Storage Projects in FY25

In a significant step towards strengthening India鈥檚 long-term energy storage capacity, the Central Electricity Authority (CEA), under the Ministry of Power, has approved Detailed Project Reports (DPRs) for six Hydro Pumped Storage Projects (PSPs) totalling approximately 7.5 GW during FY 2024-25鈥攁 record feat for the country. The cleared projects include: 鈥� Upper Indravati (600 MW) 鈥� Odisha 鈥� Sharavathy (2,000 MW) 鈥� Karnataka 鈥� Bhivpuri (1,000 MW) 鈥� Maharashtra 鈥� Bhavali (1,500 MW) 鈥� Maharashtra 鈥� MP-30 (1,920 MW) 鈥� Madhya Pradesh 鈥� Chitravathi (500 MW) 鈥� Andhra Pradesh This achievement is the result of enhanced collaboration between PSP developers and appraisal agencies including CWC, GSI, and CSMRS. The CEA has also introduced reforms to accelerate approvals鈥攕uch as a more transparent appraisal process via the 鈥淛alvi Store鈥� portal, concise DPR formats, and structured checklists for faster submission and review. Building on this momentum, the CEA aims to approve at least 13 PSPs totalling 22 GW in FY 2025-26, with most projects targeted for commissioning within four years, and all by 2030. This is a key element in India鈥檚 efforts to support its renewable energy targets and ensure grid reliability through robust energy storage solutions. With private sector participation increasing, India鈥檚 estimated pumped storage potential has surpassed 200 GW鈥攁 massive jump from the current operational capacity of just 3.5 GW. In 2025, two PSPs totaling 3 GW are set to be commissioned. By 2032, India expects to have about 50 GW of PSP capacity operational. Currently: 鈥� 8 projects (10 GW) are under construction 鈥� 3 projects (approx. 3 GW) have DPRs already concurred 鈥� 49 projects (66 GW) are under survey and investigation Hydro PSPs are critical for India鈥檚 energy transition, enabling off-peak power storage and on-demand supply during high usage periods鈥攎aking them strategic assets for both the nation and investors, with a lifespan of over 70鈥�80 years. (PIB)

In a significant step towards strengthening India鈥檚 long-term energy storage capacity, the Central Electricity Authority (CEA), under the Ministry of Power, has approved Detailed Project Reports (DPRs) for six Hydro Pumped Storage Projects (PSPs) totalling approximately 7.5 GW during FY 2024-25鈥攁 record feat for the country. The cleared projects include: 鈥� Upper Indravati (600 MW) 鈥� Odisha 鈥� Sharavathy (2,000 MW) 鈥� Karnataka 鈥� Bhivpuri (1,000 MW) 鈥� Maharashtra 鈥� Bhavali (1,500 MW) 鈥� Maharashtra 鈥� MP-30 (1,920 MW) 鈥� Madhya Pradesh 鈥� Chitravathi (500 MW) 鈥� Andhra Pradesh This achievement is the result of enhanced collaboration between PSP developers and appraisal agencies including CWC, GSI, and CSMRS. The CEA has also introduced reforms to accelerate approvals鈥攕uch as a more transparent appraisal process via the 鈥淛alvi Store鈥� portal, concise DPR formats, and structured checklists for faster submission and review. Building on this momentum, the CEA aims to approve at least 13 PSPs totalling 22 GW in FY 2025-26, with most projects targeted for commissioning within four years, and all by 2030. This is a key element in India鈥檚 efforts to support its renewable energy targets and ensure grid reliability through robust energy storage solutions. With private sector participation increasing, India鈥檚 estimated pumped storage potential has surpassed 200 GW鈥攁 massive jump from the current operational capacity of just 3.5 GW. In 2025, two PSPs totaling 3 GW are set to be commissioned. By 2032, India expects to have about 50 GW of PSP capacity operational. Currently: 鈥� 8 projects (10 GW) are under construction 鈥� 3 projects (approx. 3 GW) have DPRs already concurred 鈥� 49 projects (66 GW) are under survey and investigation Hydro PSPs are critical for India鈥檚 energy transition, enabling off-peak power storage and on-demand supply during high usage periods鈥攎aking them strategic assets for both the nation and investors, with a lifespan of over 70鈥�80 years. (PIB)

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 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鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

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鈥檚 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
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 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鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement