13 PSPs on the anvil for 2025-26
The Central Electricity Authority (CEA), under the Ministry of Power, has concurred Detailed Project Reports (DPRs) of following 6 Hydro Pumped Storage Projects (PSPs) of about 7.5 GW in record time during 2024-25, marking a key milestone in India’s ongoing commitment to developing advanced long term energy storage solutions.
The PSPs are:
Upper Indravati (600 MW) in Odisha
Sharavathy (2,000 MW) in Karnataka
Bhivpuri (1,000 MW) in Maharashtra
Bhavali (1,500 MW) in Maharashtra
MP-30 (1,920 MW) in Madhya Pradesh
Chitravathi (500 MW) in Andhra Pradesh
A number of steps were taken to resolve the issues and fast track the appraisal process, the Ministry said on 12 April https://www.siemens.com/global/en.html.
“This is a big achievement since inception of new concept of Off-Stream, close loop PSPs. CEA has made the appraisal process transparent through the Portal “Jalvi Store”. The DPR for appraisal has been made shorter, check list has been provided for ease of submission of chapters to appraising agency and many more such initiatives,” it said https://www.ge.com/.
Further, CEA has made ambitious plan to concur minimum 13 PSPs of about 22 GW during 2025-26.
Most of these PSPs are targeted to be commissioned in 4 years and latest by 2030 https://www.iea.org/.
Development of these projects shall boost energy storage capacity drastically in the country, making a major contribution to grid reliability and supporting India’s ambitious renewable energy goals, said the Ministry. This further underscores the CEA’s ongoing commitment for facilitating the transition towards a more sustainable and resilient power system https://www.conexpoconagg.com/.
The participation of private sector in this segment is quite encouraging and with the help of self-identified PSP, the PSP potential in the country has crossed 200 GW and it is further increasing almost every month https://www.globaltenders.com/.
Thus, from a meagre 3.5 GW of operational hydro PSP capacity in the country, the development needs to be taken up in an accelerated mission mode to harness this potential, elaborated the Ministry.
“This year two PSPs around 3,000 MW will get commissioned and by 2032 we expect around 50 GW,” said the Ministry.
At present 8 projects of 10 GW is under construction and DPR has been concurred for 3 projects of around 3 GW. In addition to this, 49 projects of 66 GW are under Survey and investigation. All these DPRs are expected to be finalised by the developers in 2 years.
The Ministry explained, Hydro PSPs are vital for the energy transition, as they allow excess electricity generated during off-peak hours to be stored in the form of water in elevated reservoirs. This stored energy can then be used back during non-solar hours peak demand periods, ensuring a reliable, consistent, and flexible power supply.
For developers and investors, it is a great investment opportunity to develop and invest in long-term assets of more than 70- 80 years, it underscored. Fiinews.com
