Torrent Power Limited, one of India’s largest integrated power utilities, has emerged as the successful bidder to supply 1,500 MW of energy storage capacity through a pumped hydro storage project. The company received a Letter of Intent (LOI) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) on September 17, 2024. This contract represents a monumental […]
NHPC, India’s leading hydropower company, has signed a Memorandum of Understanding (MoU) with Gujarat Power Corporation Limited, Government of Gujarat, for the proposed 750 MW Kuppa Pumped Hydro Storage Project. Situated in Chhota Udaipur, Gujarat, the project involves an estimated investment of Rs. 4000 crores by NHPC. The initiative aligns with India’s national objective of […]
Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra Government to build two major Pumped Hydro Storage projects (PSP) in Maharashtra. With a collective capacity of 2800 Megawatts (MW) and an estimated investment nearing ₹13,000 crore, these ventures will be located in Shirawta, Pune (1800 MW), and Bhivpuri, Raigad (1000 MW) districts. […]
Torrent Power Limited has inked a Memorandum of Understanding (MoU) with the Government of Maharashtra to undertake the development of three Pumped Storage Hydro Projects in the state. The combined capacity of these projects is set to reach 5.7GW, requiring an estimated investment of around INR 27,000 crores. The undertaking is projected to generate employment […]
Energiasalv has secured an official permit to go ahead with the construction of its 550MW Zero Terrain pumped hydro storage plant in Estonia. The permit was granted by the Estonian Consumer Protection and Technical Regulatory Authority, said Energiasalv, which is owned by the Estonian energy company AS Alexela, Sunly AS owned by Baltic-Polish renewable energy […]
NLC India Limited, a government of India enterprise, has signed a memorandum of understanding (MoU) with Grid Corporation of Odisha (GRIDCO) for setting up renewable energy projects in Odisha. The projects planned by the parties include ground mounted/floating solar power projects, green hydrogen projects, pumped hydro storage projects, and others. NLC India and GRIDCO signed […]