From pv magazine India
Tata Power has signed a deal with the government of Maharashtra to develop two large pumped hydro storage projects with a combined capacity of 2.8 GW in the state.
Tata Power will develop the projects at Shirawta, Pune (1.8 GW), and Bhivpuri, Raigad (1 GW), with an estimated investment of $1.57 billion.
Tata Power said the projects will use the kinetic energy of water to create a stable and reliable power supply. During times of excess energy, water will be pumped from a lower reservoir to a higher reservoir, and during peak demand, the stored water will power turbines to generate electricity.
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This initiative will significantly enhance energy security in the state by providing peaking and continuous power supply along with other renewables such as solar and wind.
Tata Power Renewable Energy, a unit of Tata Power, recently secured power purchase agreements for 200 MW and 150 MW solar projects located in Maharashtra. It has signed power purchase agreements with MSEDCL.
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