1.5GW hydropower storage project to be built in India for US$750m

It has already completed the pre-feasibility-study.

The Indian state-run utility Damodar Valley Corporation (DVC) is planning the construction of a 1,500 MW pumped storage hydropower project consisting of six 250 MW units at Laguru Pahar near Bokaro, in Jharkhand, India for a total cost of RUP 5,200 crore (US$750m). DVC has already secured an initial environmental clearance has been received and has completed the pre-feasibility-study of the project. The company is now moving on to prepare the detailed project report (DPR) and bidders will be invited to prepare the DPR.

DVC is headquartered in Kolkata (India) and operates both hydropower and thermal assets, including the 2,340 MW Mejia, 1,200 MW Raghunathpur and 1,000 MW Durgapur thermal power plants in West Bengal along with the 1,050 MW Maithon and 1,000 MW Koderma thermal power plants in Jharkhand.

This article was originally published by Enerdata.