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Power utility to invite players to set up off-river PSPs on private land
The New Indian Express Vellore
|January 08, 2025
Pumped hydro storage: How it works
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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