05 Aug 2024
India needs hydro-pumped storage projects (PSPs) to support a rapid energy transition with large-scale integration of renewable capacity in the country and to ensure energy security.
To ensure that hydro PSPs become operational faster, accelerating the development of India’s renewable energy and energy storage capacity, the Central Electricity Authority (CEA) has given consent to two hydro PSPs, namely 600 MW Upper Indravati in Odisha being developed by OHPC Limited (a government undertaking in Odisha) and 2000 MW Sharavati in Karnataka being developed by KPCL (a government undertaking in Karnataka) in record time. CWC, GSI, CSMRS, and other stakeholders have jointly extended full support to CEA in mission mode.
CEA has also received a huge number of proposals for hydroelectric PSPs (worth around 60 GW) under Survey & Investigation, which are at various stages of preparation for DPR. After preparation of DPRs, these PSPs will be uploaded by the developers on the online portal (https://ceaclearance.gov.in/hydro/) for concurrence by CEA under Section 8 of the Electricity Act, 2003. CEA assures faster concurrence of these PSPs, which is the need of the hour to fulfil the energy storage demand of the country.
To fast-track the concurrence process of PSPs in line with the ease of doing business driven by the Government of India, CEA has further revised the guidelines to simplify the process for the preparation of DPRs for PSPs & their concurrence.
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