From pv journal India
Torrent Energya personal sector built-in utility in India, has signed an settlement with the Maharashtra state authorities to develop three pumped storage hydro tasks aggregating to five.7 GW of capability.
The tasks will contain an estimated funding of INR 27,000 crore ($3.27 billion) and can present employment to round 13,500 individuals throughout building.
The corporate plans to implement the tasks inside 5 years. The tasks will probably be carried out at three websites: Karjat (3 GW) in Raigarh district, Maval (1.2 GW), and Junnar (1.5 GW) in Pune district. All websites are off-grid, and the tasks are deliberate to offer a minimal of six hours of power financial savings per day.
Torrent Energy, with a turnover of almost $3 billion, is without doubt one of the largest corporations in India’s energy sector, with a presence throughout the ability worth chain in era, transmission, and distribution.
The corporate presently has an mixture put in era capability of 4.1 GW, primarily made up of fresh sources equivalent to fuel (2.7 GW) and renewables (1.07 GW). It additionally has a renewable capability of 0.7 GW beneath improvement and is now strategically coming into the cupboard space.
In a separate improvement, state-owned hydropower producer NHPC is exploring pumped storage tasks in a number of states, together with Andhra Pradesh, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, and Odisha.
NHPC has accomplished the pre-feasibility report (PFR) for the Indira Sagar Omkareshwar Pumped Storage Scheme (525 MW) in Madhya Pradesh. It has additionally submitted the PFR for the Tekwa-2 Pumped Storage Scheme (800 MW).
In July 2022, NHPC signed an MoU with DVC to discover the formation of a three way partnership firm for hydropower and pumped storage tasks. NHPC has obtained the letter of appreciation for preparation of PFR for Panchet Hill Pumped Storage Challenge (600 MW).
With an growing share of renewable energy on the grid, power storage is changing into important for load administration and assembly peak demand. Pumped storage hydro, a confirmed and cost-effective know-how, consists of two water reservoirs at totally different elevations. Water is pumped right into a excessive reservoir during times of extra electrical energy and launched to generate electrical energy throughout peak demand.
Pumped storage hydro presents benefits over batteries, together with decrease prices, longer lifespans of 40 years, and the power to offer six to 10 hours of storage with a number of cycle operations. all through the day.
This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: [email protected].