NHPC Signs MoU with Maharashtra Government for 7,350 MW Pumped Storage Hydro Power Projects

On June 7, 2023, the National Hydroelectric Power Corporation (NHPC) signed a memorandum of understanding (MoU) with the Maharashtra government to develop four pumped storage hydro power projects with a total capacity of 7,350 megawatts (MW) in the state.

SOURCE – AGENCY

Development of Four Pumped Storage Hydro Power Projects:

Under the MoU, NHPC and the Maharashtra government will collaborate on the development of four pumped storage hydro power projects. The projects include Kalu (1,150 MW), Savitri (2,250 MW), Jalond (2,400 MW), and Kengadi (1,550 MW). These projects will significantly contribute to the state’s power generation capabilities.

Pumped Storage Hydro Power Technology:

Pumped storage hydro power projects utilize a unique technology that involves two reservoirs at different elevations to store and generate electricity. During periods of low demand, excess electricity is used to pump water from the lower reservoir to the upper reservoir. When electricity demand increases, the stored water is released, passing through turbines to generate electricity. This technology provides reliable and flexible power generation.

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Advancing Renewable Energy Transition:

The development of these pumped storage hydro power projects aligns with Maharashtra’s commitment to increasing renewable energy capacity. By harnessing the power of flowing water, these projects will contribute significantly to the state’s clean energy goals, reducing dependency on fossil fuel-based power generation.

Boosting the Local Economy:

The implementation of the pumped storage hydro power projects will have a positive impact on the local economy. The construction and operation of these projects will create employment opportunities, stimulate economic growth, and enhance infrastructure development in the project areas.

Conclusion:

The signing of the MoU between NHPC and the Maharashtra government for the development of four pumped storage hydro power projects marks a significant milestone in the state’s renewable energy journey. These projects will enhance power generation capabilities, promote clean energy solutions, and contribute to sustainable development. The collaboration showcases Maharashtra’s commitment to a greener and more prosperous future.

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