Adani Green secures deal for 1.25 GW of Indian pumped hydro

The renewables business of airports-to-weapons conglomerate Adani was awarded the contract to develop the pumped hydro energy storage (PHES) capacity by the Uttar Pradesh Power Corp. Ltd (UPPCL) in February.
The main pump-generator of a pumped-hydro facility. | Image: PlayMistyForMe /Wikimedia Commons/https://bit.ly/3nrAru5

Indian clean energy company Adani Green Energy Ltd (AGEL) yesterday announced Indian state utility UPPCL has signed a power purchase agreement (PPA) to buy electricity from 1.25 GW of PHES projects in Uttar Pradesh.

The PPA was executed between AGEL’s step-down arm Adani Hydro Energy Five and UPPCL.

AGEL was awarded the 1.25 GW pumped storage project by UPPCL in February this year. The project, Panaura PSP (pumped storage project), has a minimum commitment for 40 years. It will be located in the Sonbhadra district, Uttar Pradesh, and is slated for completion within the next six years.

Adani Green plans to add over 5 GW of hydro PSP capacity by 2030. The company has already commenced the construction of its hydro pumped storage projects of 500 MW at Chitravathi river in Andhra Pradesh; 1.5 GW at Tarali, in Maharashtra; and 1.8 GW at Gandikota, in Andhra Pradesh.

From pv magazine India.

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