India’s SJVN to develop 8.1 GW of pumped hydro

State-run hydropower producer SJVN Ltd has signed two memorandums of understandings with the Government of Maharashtra to develop 8.1 GW of pumped storage projects and 505 MW floating solar projects in the Indian state.

The first MoU was inked between SJVN and the government’s Department of Water Resources for the development of five pumped storage projects totalling 8.1 GW.

The agreement comprises 800 MW Kolmondapada, 1,500 MW Sidgarh, 2,000 MW Chornai, 1,800 MW Baitarni and 2,000 MW Jalvara projects.

Under the deal, SJVN will undertake survey and investigation, preparation of detailed project report and further development of the projects in Maharashtra in a time bound manner as per the prevailing rule/policies/schemes of the central/ state government.

The pumped hydro projects will play a critical role in energy storage, grid stabilization, and meeting the peak electricity demand, ensuring reliable and clean energy for the state of Maharashtra.

“The total estimated investment in these projects will be INR 48,000 crore ($5.73 million). The developments will generate around 8400 direct and indirect employment opportunities. The projects will also support eco-tourism and skill development initiatives which will benefit the local communities,” said SJVN.

The power producer inked the second memorandum of understanding with Maharashtra State Power Generation Co. (MAHAGENCO) for the development of a 505 MW floating solar project at Lower Wardha Dam in Maharashtra.

The project will be developed in two phases of 100 MW and 405 MW.

“The phased development will ensure optimal use of existing power evacuation infrastructure and will provide a sustainable and reliable energy source for the region,” said SJVN.

From pv magazine India