-Connected
to the 765/400 kV South Kalamb ISTS Substation, the project will provide energy
storage, ensuring reliable power supply during periods of peak demand-
Mumbai : Tata Power has received a Letter of Award
(LoA) from the Solar Energy Corporation of India Limited (SECI) for the supply
of 324 MW power from the 1000 MW Pumped Hydro Storage Project (PSP) at Bhivpuri
in the Raigad district of Maharashtra.
The
project has been secured under SECI's Tariff-based Global Competitive Bidding
(PSP-I) for supply of 1,500 MW / 12,000 MWh of power from pumped hydro storage
projects being set up in the country. The Project was won through an
e-reverse auction. It has 40-year Pumped Storage Purchase Agreement (PPA) and
is scheduled for commissioning by 2029.
The
project will be developed under the Build, Own, Operate (BOO) model and will
provide 8 hours of energy storage, enabling reliable dispatch of electricity
during periods of peak demand. It will be connected to the 765/400 kV South
Kalamb CTU Substation, an Inter-State Transmission System (ISTS).
The
SECI's award had further strengthened Tata Power’s position in long-duration
energy storage, a segment central to integrating India’s fast-growing solar and
wind capacity into the grid by converting surplus daytime generation into firm,
dispatchable, round-the-clock power. The awarded capacity sits at the 1000 MW
Bhivpuri PSP project, one of two large pumped storage developments the Company
is progressing in the Western Ghats alongside the 1,800 MW Shirwata PSP, with a
combined pipeline of 2,800 MW. The award aligns with Tata Power’s broader
clean-energy strategy and its Net Zero 2045 ambition.
The
Company’s clean and green portfolio now stands at 17.5 GW, including a 9.6 GW
pipeline, of which 2.8 GW is pumped storage. As India’s peak demand climbs and
the share of variable renewables rises, long-duration storage is becoming the
backbone of grid flexibility and credible round-the-clock green power, an area
where Tata Power’s long-standing presence and favourable hydro-geography in the
Western Ghats give it a distinct advantage.