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Tenders: NHDC to build Rs.4,200cr PSP near Indira Sagar Dam

Fiinews by Fiinews
June 11, 2023
in Tenders
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11.2 GW potential of PSP in Madhya Pradesh, says Power Ministry

Narmada Hydroelectric Development Corporation Ltd (NHDC) is going to construct a Rs.4,200 crore 525 MW Pumped Storage Project near Indira Sagar Dam, Khandwa, Madhya Pradesh, using the existing reservoirs Indira Sagar and Omkareshwar of the Indira Sagar Project.

With the increased renewable energy generated through this Pumped Storage Project, the energy needs of the state can be met during peak energy hours (morning and evening), the Power Ministry said on 9 June 2023.

The project, to generate 1,226.93 million units of energy during peak hours, is being undertaken, keeping in view the need for increasing peak hour demand of the state.

The Department of New & Renewable Energy, Government of Madhya Pradesh, has allotted this project to NHDC.

There is a potential for 11.2 GW of Pumped Storage Projects in Madhya Pradesh.

At present, NHDC’s Indira Sagar Power Station (1,000 MW) and Omkareshwar Power Station (520 MW) are in operation in the Khandwa district, all of which is supplied to the state.

“NHDC plans to make the state a green state through the production of green energy with construction of solar power projects,” said the Ministry.

Construction of 8 MW solar project in the historic city of Sanchi and of 88 MW floating Solar Project on Omkareshwar Reservoir is in progress.

NHDC is a Joint Venture of NHPC Ltd and the Government of Madhya Pradesh. Fiinews.com

Tags: Ministry of Power
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