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Power utility to invite players to set up off-river PSPs on private land

The New Indian Express Coimbatore

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January 08, 2025

Pumped hydro storage: How it works

- S GURUVANMIKANATHAN @ Chennai

TAMIL Nadu Green Energy Corporation Limited (TNGECL) has taken a major step to boost renewable energy capacity by inviting private players to establish off-river Pumped Storage Projects (PSPs) in their privately-owned land.

The initiative aims to identify and develop potential sites for energy storage that can help in fostering a more stable and sustainable power grid.

A senior official from TNGECL told TNIE, "The green energy corporation is waiting for the approval of the state government's finance department for this off-river PSP concept. An official announcement is expected in the second week of January 2025."

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