PSP

Torrent Power receives LoI for long-term pumped storage capacity

Torrent Power has received the letter of intent of what the company says is the country’s first procurement of long-term pumped storage capacity. In a release, Torrent Power said that it has emerged as a successful bidder and received Read more

Torrent Power commits over Rs.64,000 crore investment in green energy

Torrent Power has announced its commitment of investing over Rs.64,000 crore in building capacities for green energy. In a release, Torrent Power said that it has submitted two promissory deeds to the Union ministry of new & renewable energy Read more

Tata Power signs MoU for 2,800-MW pumped storage projects in Maharashtra

Tata Power and the Government of Maharashtra have signed an MoU to develop two large pumped storage projects (PSP) with a combined capacity of 2,800 MW in the state. These projects, with an estimated investment of approximately Rs.13,000 crore Read more

Fluence

Waiver timeline on ISTS charges extended, scope now includes PSP, BESS

  The Union power ministry, in its order dated June 21, 2021, has extended the waiver on interstate transmission charges, applicable to electricity generated from solar and wind power projects. The order stipulates that the waiver will now be applicable Read more