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Greenko, Adani to build bulk of India's pumped storage pipeline
Financial Express Chandigarh
|May 26, 2025
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% — 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, solar power is used to pump water from the lower to the upper reservoir.
This water is released back down to generate electricity during periods of high demand in non-solar hours.
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