PSP

No Transmission Charges On BESS, PSPs Till June 28: Govt

Ministry of Power has issued a long-awaited notification waiving inter-state transmission system (ISTS) charges for Energy Storage Systems (ESS), including pumped hydro and battery projects, as part of efforts to support renewable energy integration. The order builds on earlier ministry notifications issued on December 23, 2016; November 2, 2021; December 1, 2022; December 6, 2022; […]

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Maharashtra: L&T Bags JSW Energy’s 1.5 GW PSP Order in Bhavali

Larsen & Toubro’s (L&T) Heavy Civil Infrastructure (HCI) business has secured a significant order from JSW Energy for the execution of the Bhavali Pumped Storage Project (PSP) in Maharashtra. “The project is located across the Nashik and Thane districts of Maharashtra and is designed to have a total installed capacity of 1,500 MW, comprising various […]

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Maharashtra: Avaada To Build 3.6 GW Pumped Storage Projects

Avaada Group on Tuesday signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop two pumped storage hydro projects with a combined capacity of 3,650 megawatts. The agreement, signed with the state’s Water Resources Department, was formalized in the presence of Maharashtra Chief Minister Devendra Fadnavis, along with senior government officials including Water […]

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France’s EDF In Separate Deals with NTPC, Coal India For PSP, Renewable Projects

It’s been a busy weekend for French Energy major EDF in India, as the French government backed utility signed agreements with NTPC Limited, a Maharatna company of India to  develop (including construction), own, operate and maintain pumped storage project(s) and/or any other hydro power project(s) or Hydro Project(s) bundled with other Renewable Energy projects and […]

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Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity

Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]

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Avaada Signs MoU To Develop 1200 MW of PSP In Rajasthan

Indian renewable energy conglomerate Avaada Group has entered into a Memorandum of Understanding (MoU) with the Rajasthan government to develop a 1200 MW Pumped Storage Project. The MoU, formalized between the Energy Department of the Rajasthan government and Avaada Aqua Batteries Pvt. Ltd., a subsidiary of Avaada Group marks the next chapter in Avaada’s investment […]

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Datta Power Plans To Bid For PSPs, Hydro Projects Soon

Renewable energy company Datta Power Infra is now all set to jump onto the bandwagon of developing Pumped Storage Projects (PSPs) and hydro projects. The top management of the firm said that it is likely to bid for these projects from the next quarter. The company recently won a tender from NTPC for a 700 […]

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H1 Update: Adani Green Increases Its Capacity Upto 11.20 GW

Adani Green, the project developer company of the Adani Group today revealed that its operational capacity has progressed from 8.31 GW (H1 of FY24) to 11.20 GW in H1 of 2024-25. Its current capacity comprises 2,418 MW of solar and 450 MW of wind power plants. The port-to-airport conglomerate has increased its presence in the […]

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SJVN, Maharashtra Partner To Develop PSPs, Floating Solar Projects

SJVN, a Navratna Central Public Sector Enterprise (CPSE), has signed two Memorandums of Understanding (MoUs) with the Maharashtra government to build Pumped Storage Projects (PSPs) and Floating Solar Projects in the state. The total estimated investment for these projects is approximately Rs. 48,000 crores. It is expected to create around 8,400 direct and indirect employment […]

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