JSW Energy to supply 1.5 GW/12 GWh pumped hydro storage in India

The PSP Two subsidiary of Indian power company JSW Energy has agreed to supply 1.5 GW/12 GWh of pumped hydro storage capacity to electricity distribution company Maharashtra State Electricity Distribution Co. Ltd, according to India’s “Business Standard” newspaper.

The energy storage capacity will be made available for 40 years for INR 8.47 million ($101,000) per megawatt, per year.

JSW’s Bhavali pumped hydro project, in the Nashik and Thane districts of Maharashtra state, will offer eight-hour discharge capacity with a maximum five hours of continuous discharge. That project is set to be commissioned by October 2028.

The “Business Standard” reported JSW Energy has a 16.2 GWh pipeline of battery storage and pumped hydro project capacity and wants 40 GWh of storage capacity before 2030.

India’s “Economic Times” newspaper reported the Bhavali project is expected to generate direct employment for 3,000 people and will lead to the development of local infrastructure including roads, irrigation, and sanitation systems. Additionally, educational facilities such as a high school will be developed as part of JSW’s corporate environmental responsibility initiatives.

The newspaper reported India’s National Electricity Plan calls for 27 GW of pumped hydro storage capacity by April 2032, alongside 47 GW/236 GWh of battery energy storage systems.

From pv magazine India.