, India
123 view s

Tata Power to develop 2,800 MW pumped hydro storage projects in India

The projects will be located in the state of Maharashtra.

Tata Power signed a memorandum of understanding (MOU) with the Government of Maharashtra to build two pumped hydro storage projects with a total capacity of 2,800 megawatts (MW) to support its existing solar and wind plants.

In a statement, Tata Power said of the two projects with an estimated investment of around $1.6b (INR130b), a 1,800 MW plant will be developed in Shirawta, Pune, whilst the remaining 1,000 MW plant will be built in Bhivpuri, Raigad.

ALSO READ: Tata Power unit’s 110 MW solar project goes online

“The signing of this MoU is a major step forward in the Tata Power’s journey towards clean and green energy future. Pumped Hydro Storage is a reliable and efficient way to store energy, and these projects will support the renewable solar and wind projects to ensure reliable, 24/7 consistent power supply,” said Dr Praveer Sinha, CEO & MD, Tata Power.

Tata Power added that the project will support the Maharashtra government’s goal of becoming a $1t economy by 2028 and will provide employment opportunities for over 6,000 people.

$1 = INR82.97

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Coal-dependent ASEAN told to scale up RE generation
A regional power grid could help governments in their renewable energy transition.
Indonesia told to tap communities in clean energy transition
Solar and wind power managed by villages could generate 96 million jobs over 25 years.
Indonesia to add 90 MW geothermal capacity
Three power plants in West and East Java and North Sumatra will start operating this year.