Thursday, August 6, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Fiinews
No Result
View All Result
Home Tenders

Tenders: Coal Ministry embarks on PSP in de-coaled mines

Fiinews by Fiinews
November 12, 2023
in Tenders
Reading Time: 2 mins read
A A
0
Ministry of Coal
0
SHARES
12
VIEWS
LinkedinShare on Twitter

PSP plants use gravity to generate electricity using water

Ministry of Coal is embarking on a plan to develop Pump Storage Projects (PSP) in de-coaled mines, leveraging the economic advantages of vast land bank and economic viability, aiming to diversify towards alternative source of energy.

Through pump storage projects, it is planned to utilize solar energy to develop hydro-electricity promoting sustainable development in the coal sector.

“This initiative aims to harness the solar energy during the day and generation of hydro-electricity at night,” the Ministry said on 10 Nov 2023.

Pumped storage power plants use gravity to generate electricity using water that has previously been pumped from a reservoir in the pit into an upper reservoir at surface.

During periods of low demand, the water is pumped into the higher reservoir. When demand is high, the water is released to drive a turbine in a powerhouse and feed electricity into the grid. It is pertinent that over 200 de-coaled mines with huge land area are available in coal producing areas. Many of these mines are feasible for PSPs as lower reservoir, head of water and land are available.

In a diversification review meeting, chaired by Secretary, Coal Ministry, Coal India Limited (CIL), has informed that more than 20 abandoned mines have been identified for evaluation and feasibility study for pump storage projects.

NLCIL has also taken up feasibility study on PSP. Further, direction has been given for Stakeholders consultation with agencies who may be interested in undertaking such projects and to identify additional sites that can be used for setting up of pump storage projects.

The business model like EPC and PPP may be finalized in consultation with stakeholders and such project may be implemented in collaboration with various stakeholders, including state governments, private players and research institutions.

The Ministry said it is committed to promoting sustainable development and optimizing resource utilization. Such initiative will help in promoting sustainable development and reducing the carbon footprint of the coal sector.

The Ministry said it is steadfast in ensuring efficient use of resources and maintaining a consistent power supply to the citizens. Fiinews.com

Tags: Ministry of Coal
ShareTweetShare

Related Posts

MoRTH
Tenders

Tender: 46-km Ganga Elevated Corridor approved

by Fiinews
August 6, 2026
0
14

Rs.14,447.64cr high-speed, access-controlled corridor, project will connect to NH-19 The Cabinet has approved a 46.039 km six-lane Greenfield Ganga Elevated...

Vadhvan Port
Tenders

Tender: Rajya Sabha updated on Vadhavan Port

by Fiinews
August 6, 2026
0
22

Minister lists details of Rs.76,220cr project The Rajya Sabha has been updated on the Rs.76,220 crore “deep–draft port”, officially known...

Alstom

Tender: Approved Danapur-Fatuha multitracking

August 3, 2026
19
RailTrans 2027

Tender: Visakhapatnam yard being remodelled

August 2, 2026
17
Gas India

Tender: Rs.84,084cr exploration scheme approved

August 2, 2026
21
Global Solar Expo

Tender: Rs.5,070cr FSPV projects approved

August 2, 2026
22
SBI YONO
Upits 2026 brochure 062026 pdf

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Invest: KKR to acquire 4,800-bed hospital group
  • Invest: Vasuki raises Rs.100cr from single NRI
  • Market: India needs world-class expo hubs
  • Manufacture: Startup-Semicon alliance launched
  • Tender: 46-km Ganga Elevated Corridor approved

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP International

© 2024 FIINEWS - Design and developed by 7clicksmedia.