CEA aims for 15 Hydro PSPs of 25,500 MW capacity in 2024-25
The Central Electricity Authority (CEA) has agreed to two more Pumped Storage Projects (PSPs) in Maharashtra – 1,500 MW Bhavali PSP being developed by JSW Energy Ltd and 1,000 MW Bhivpuri PSP being developed by Tata Power Co Ltd conexpoconagg .
These PSPs are concurred with the support of the Central Water Commission (CWC), Geological Survey of India (GSI), and Central Soil and Materials Research Station (CSMRS) globaltenders .
Detailed project reports have been completed on the projects which will be fast tracked and completed in 44 to 46 months i.e. by 2028 ted.europa.eu/en/ .
These PSPs will collectively provide a storage capacity of more than 15 GWh (Gigawatt hours) climate-expo . This large-scale energy storage is crucial for meeting the peak demand during non-solar hour in addition to inertia to the grid, leading to grid stability. It will help in faster renewable energy integration, and supporting the transition to a greener energy system sbi .
CEA targets to concur at least two PSPs each month during the current year depending upon the completion of the DPRs by the developers nseindia .
During 2024-25, CEA has targeted to concur 15 Hydro PSPs of 25,500 MW capacity, out of this 4 PSPs of 5,100 MW capacity have already been concurred bseindia .
Under ease of doing business, CEA has developed an ONLINE portal “Jalvi-store” which will bring more transparency in processing of the chapters at pre DPR stage of PSPs deutsche-boerse .
Further, some chapters have been done away with for expeditious concurrence of the DPRs sgx .
The check list is also incorporated in guidelines of PSPs which gives clarity on the information needed for respective chapters. GSI and CWC have made multiple teams for faster clearances of design chapters of PSPs euronext .
The approval of these projects, spearheaded by private developers, underscores the growing role of the private sector in driving India’s energy transition meed.com/latest/tenders.
“This marks a shift towards a collaborative energy ecosystem where public and private sectors converge to achieve national goals,” the Power Ministry said on 22 Sept hkex .
“This partnership will accelerate progress towards India’s renewable energy targets. CEA is confident that these projects will play a pivotal role in enhancing the reliability and sustainability of India’s electricity grid, paving the way for a robust and resilient energy future powermin .” Fiinews.com
