India’s Tata Power set to kick off massive pumped hydro project in Maharashtra from this month

Tata Power has received the necessary approvals and clearances for its two pumped hydro storage projects, one with a capacity of 1,800 MW in Pune’s Shirawata and another with a capacity of 1,000 MW in Raigad’s Bhivpuri. The projects, which will require an investment of approximately Rs 13,000 crore, will be commissioned by 2029 and 2028, respectively. The projects will enable Tata Power to provide 24×7 clean power supply to consumers. The pumped hydro storage technology stores water from a lower reservoir to a higher reservoir during surplus energy periods and generates electricity by releasing water from the higher reservoir during peak demand periods. This technology helps maintain grid stability and integrates with intermittent renewable energy sources. The projects are expected to create employment opportunities for over 6,000 people and contribute to the state’s ambitious goal of becoming a $1 trillion economy by 2028.