NTPC's 20 GW Pumped Storage Projects
Jun 16, 2025 13:28
NTPC Group is developing 20 GW of pumped storage projects, aiming to commission 3-5 GW by FY32. This initiative supports India's renewable energy transition and enhances energy security.
New Delhi, Jun 16 (PTI) NTPC Group is working on pumped storage projects totalling 20 GW capacity at multiple sites across the country, a senior company official has said.
The company plans to commission 3-5 GW of such projects by 2031-32 fiscal.
"...NTPC Group is working on pipeline of pumped storage projects to the tune of 20 GW in NTPC and its hydro subsidiaries," the official said.
THDC India, a subsidiary of NTPC, has constructed a 1,000 MW (250 MW X 4 units) PSP project at Tehri in Uttarakhand. The first unit began commercial supply of electricity earlier this month.
"We will see our first 1,000 MW PSP commissioned through Tehri PSP in FY26, with 3-5 GW more by FY32," he said.
PSP assets offer over 40 years of operational life and regulated returns. As critical infrastructure for India's renewable transition, they add long-term stability to our energy portfolio, ensuring sustainable growth while advancing energy security and climate goals, the official said.
Further, he said, "We have completed preliminary feasibility reports for 18 projects, and detailed project reports for four projects are in an advanced stage, thus moving towards increased energy storage solutions in our portfolio."
NTPC Ltd is India's largest integrated power utility, contributing one-fourth of India's power requirements from diverse sources, including thermal, solar and wind.
As of June 13, the total standalone and group commercial capacity of NTPC was 60,266 MW and 81,368 MW, respectively.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
DRI Seizes Red Sanders Worth Rs 6.26 Cr, 4...
DRI seizes 15 MT of red sanders worth Rs 6.26 crore in Delhi, arrests 4. Illegal export...
UAE Fund to Invest ₹1,000 Cr in Kerala Startups
UAE-based Feeder Fund to invest ₹1,000 crore in Kerala startups over 3 years. Boost...
ECL Aims for 58 MT Output, Mine Closures Planned
Eastern Coalfields Ltd (ECL) targets 58 MT output, plans closure of six underground...
India: Export Potential in Russia
300 Indian products have huge export potential in Russia. Engineering, pharma, agri,...
Gold & Silver Rally: Inflation Data in Focus
Gold and silver prices rally amid inflation data focus. Analysts eye central bank...
India Ranks 3rd in Global AI Vibrancy Index
India ranks 3rd in Stanford University's Global AI Vibrancy tool, surpassing advanced...
EPFOA Urges CPFC: Equip Offices for Compliance
EPFOA urges CPFC to equip field offices with authority & tools to handle default &...
TV Prices to Rise in January: Chip Shortage &...
TV prices are expected to increase in January due to memory chip shortages and a...
India Gems & Jewellery Exports Up 20% in November
India's gems and jewellery exports grew 20% to USD 2.5 billion in November, says GJEPC....
Navi Mumbai Airport: 3rd Runway Feasibility Study
CIDCO invites bids for a consultant to study the feasibility of a third runway at Navi...
Read More »