Greenko, Adani, JSW to build bulk of India’s 51 GW pumped storage pipeline

News Snapshot:

Three players—Greenko, Adani Green, and JSW Energy—are set to develop nearly two-thirds of India’s planned 51 gigawatt (GW) pumped storage hydropower capacity by 2032, according to new data from the Central Electricity Authority (CEA). Of the total capacity expected to come online, over half—57 per cent—will be located in Andhra Pradesh and Maharashtra. Together with battery energy storage systems (BESS), pumped storage is set to play a key role in balancing India’s power grid amid increasing integration of variable renewable capacities like solar and wind. Pumped storage projects typically use two reservoirs at different elevations. During periods of low demand,...