CEA concurred two more Hydro Pumped Storage Projects total of 2500 MW

by Psu Connect
Date: 23-09-24

CEA targets to concur at least two PSPs each month during the current year depending upon the completion of the DPRs by the developers.

CEA concurred two more Hydro Pumped Storage Projects total of 2500 MW

In a landmark step towards realizing India’s renewable energy goals, the Central Electricity Authority (CEA) is making significant strides in addressing the growing need for large-scale energy storage in the nation’s power grid.

In line with its commitment to ensuring a sustainable energy future, CEA has achieved another major milestone by concurring two more Pumped Storage Projects (PSPs) in Maharashtra viz. 1500 MW Bhavali PSP being developed by JSW Energy Ltd. and 1000 MW Bhivpuri PSP being developed by Tata Power Co. Ltd.

Read Also : IEX Power Market Update

These PSPs concurred with the support of the Central Water Commission (CWC), Geological Survey of India (GSI), and Central Soil and Materials Research Station (CSMRS) and were concurred within 10 days of completion of the DPRs i.e. the date on which the complete DPRs were submitted on the ONLINE portal by the developers.

CEA targets to concur at least two PSPs each month during the current year depending upon the completion of the DPRs by the developers.

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.

Under ease of doing business, CEA has developed an ONLINE portal “Jalvi-store” which will bring more transparency in the processing of the chapters at the DPR stage of PSPs.

Further, some chapters have been done away with for expeditious concurrence of the DPRs. The checklist is also incorporated in the 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.

The approval of these projects, spearheaded by private developers, underscores the growing role of the private sector in driving India’s energy transition.

This marks a shift towards a collaborative energy ecosystem where the public and private sectors converge to achieve national goals. 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.