Tata Power plans pumped storage projects for ₹13K cr

Tata Power, the energy generation and distribution arm of the $300 billion Tata Group, has partnered with the Maharashtra government to establish two pumped hydro storage projects (PSPs) in the state, with a combined capacity of 2,800 MW.

- Mayur Bhalerao

Tata’s initiative follows the move of rival, Adani Electricity Mumbai Ltd, which signed an agreement with the Mumbai Metropolitan Region Development Authority, a state government entity, seven months ago to supply electricity for the two upcoming Metro railway routes in Mumbai.

PSPs utilize water’s kinetic energy to create a stable power supply. During periods of surplus energy, water is typically transferred from a lower reservoir to a higher chamber. During peak demand, stored water drives power turbines, generating electricity.