No Transmission Charges On BESS, PSPs Till June 28: Govt Updated On Wed, Jun 11th, 2025 by Saurenergy 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; […] Read more
Maharashtra: L&T Bags JSW Energy’s 1.5 GW PSP Order in Bhavali Updated On Mon, Jun 9th, 2025 by Saurenergy 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 […] Read more
THDC Operationalizes 250 MW Tehri Pumped Storage Unit Updated On Thu, Jun 5th, 2025 by Saurenergy THDC India Limited (THDCIL), has announced the successful commencement of the COD process of the 1st Unit (250 MW) of the 1000 MW Variable Speed Pumped Storage Plant (PSP) at Tehri, Uttarakhand. This makes Tehri PSP one of the largest Pumped Storage Plants by any Central Public Sector Enterprise (CPSE) and the first Variable Speed […] Read more
Maharashtra: Avaada To Build 3.6 GW Pumped Storage Projects Updated On Tue, Apr 29th, 2025 by Saurenergy 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 […] Read more
CEA Green Lights 7.5 GW of PSP, Eyes 22 GW Expansion In FY26 Updated On Mon, Apr 14th, 2025 by Saurenergy The Central Electricity Authority (CEA) cleared 7.5 GW of Detailed Project Reports (DPRs) for hydro-pumped storage projects (PSPs) in FY 2024-25, a significant milestone in India’s push for long-duration energy storage. The agency has also streamlined the appraisal process through its digital platform “Jalvi Store,” reducing documentation requirements and providing submission checklists to accelerate project […] Read more
Avaada Signs MoU To Develop 2750 MW Of PSPs In Maharashtra Updated On Mon, Aug 12th, 2024 by Saurenergy Indian renewable project developer Avaada Group has now announced signing of a Memorandum of Understanding (MoU) with the Maharashtra government for the development of two Pumped Storage Projects (PSPs) with a combined capacity of 2,750 MW. This comes at a time when several leading companies in India like Adani Green, Greenko and others are showing […] Read more
SJVN Secures First Pumped Storage Project In Mizoram Updated On Fri, Jul 26th, 2024 by Saurenergy SJVN recently announced that it received a Letter of Intent (LoI) for the allotment of the 2,400 MW Darzo Lui Pumped Storage Project (PSP) from the Mizoram government. This is the first project of the company in Mizoram. Th SJVN project is spread across Darzo Nallah, a tributary of the Tuipui River in Mizoram. The […] Read more
Telangana Gets A Good Deal At Davos, Set To Install 1,500 MW PSP Updated On Thu, Jan 18th, 2024 by Saurenergy A slew of announcements was made by leaders around the world on the issue of boosting renewables on the sidelines of World Economic Forum, held in Davos, Switzerland recently. At the World Economic Forum (WEF) some key beneficiaries included companies like JSW and Adani solar announced their investment plans. Adani signed an MoU with Telangana […] Read more
REC Limited Funding Push Continues With Deals For Serentica, GreenKo Updated On Mon, Sep 18th, 2023 by Saurenergy REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late. REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […] Read more
