MP Hydroelectric: NHDC to construct 525 MW pumped storage project at Rs 4,200 cr in Madhya Pradesh
New Delhi: Narmada Hydroelectric Development Corporation Ltd. (NHDC Ltd.) will construct a 525 MW Pumped Storage Project near Indira Sagar Dam, Khandwa in Madhya Pradesh at a cost of Rs 4,200 crores.
The project will use the existing reservoirs—Indira Sagar and Omkareshwar of the Indira Sagar Project.
Madhya Pradesh government’s New & Renewable Energy Department has allotted this project to NHDC Limited to meet the need for increasing peak hour demand of the state.
With the increased renewable energy generated through this Pumped Storage Project, the energy needs of the state can be met during peak energy hours, usually in the morning and evening.
The project will generate 1,226.93 million units of energy during peak hours.
Madhya Pradesh has the potential for 11.2 GW of Pumped Storage Projects.
At present, two power stations of NHDC Limited, namely Indira Sagar Power Station (1000 MW) and Omkareshwar Power Station (520 MW) are in operation in the Khandwa district.
The power produced by these power stations is supplied to Madhya Pradesh.
NHDC plans to bolster the state’s green energy production with the construction of solar power projects.
Constructions of an 8 MW solar project in the historic city of Sanchi and of an 88 MW floating Solar Project on Omkareshwar Reservoir are in progress.
NHDC Ltd. is a joint venture of NHPC Ltd. and the Government of Madhya Pradesh.
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