In the upcoming years, state-owned NHPC Ltd. is looking into developing approximately 20,000–22,000 MW of pumped hydro energy storage facilities. According to director of finance Rajendra Prasad Goyal, the capacities are being investigated in Odisha, Maharashtra, Madhya Pradesh, and Andhra Pradesh.
However, it will probably take a few years for at least some of these capacity to begin to develop after the complete project study and the clearances. He continued, "A schedule is not yet established since the project viability will be examined first.
Although the corporation also has ambitions to install solar energy systems, there are currently many chances for hydro electricity. The government has highlighted pumped hydro storage and battery energy storage systems as being crucial for balancing the grid with additional renewable energy.
We use cookies to ensure you get the best experience on our website. Read more...
