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THDC India announces plans to set up 1,400 MW pumped storage project in Chhattisgarh

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....HDC India announces plans to set up 1,400 MW pumped storage project in Chhattisgarh<BR>PTI News<BR>Dated:- 11-3-2025<BR>PTI<BR>New Delhi, Mar 11 (PTI) THDC India on Tuesday announced plans to set up a 1,400 MW pumped storage project in Chhattisgarh, a move which will expand its presence in the domestic renewable energy space. To take forward its multi-crore investment plan, the company has also ....

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....signed an agreement with the Chhattisgarh government. In a statement, THDC India said it has signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Company Limited (CSPGCL) and the Chhattisgarh government for the development of a 1,400 MW pump storage based hydro-electric power project at Dangari in Jashpur district. The MoU was exchanged in Raipur, in the presence....

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.... of Chhattisgarh Chief Minister Vishnu Deo Sai and state Chief Secretary Amitabh Jain. THDC India Chairman and Managing Director R K Vishnoi said, "PSPs (pumped storage projects) play a crucial role in balancing renewable energy generation, ensuring grid stability, and reducing reliance on fossil fuels. This strategic partnership is a significant step towards strengthening renewable energy infra....

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....structure in the state, enhancing grid stability, and supporting India's clean energy transition." The proposed PSP at Dangari will generate thousands of employment opportunities and lead to socio-economic development in the region. The project will utilise surplus power during off-peak hours to pump water and generate electricity during peak demand, ensuring efficient energy utilisation. At....

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.... present, Rishikesh-based THDC India Ltd (THDCIL) has an overall installed capacity of 2,247 MW which includes thermal and renewable projects across Uttarakhand, Uttar Pradesh, Gujarat and Kerala. THDC India is a 75:25 per cent entity of state-owned NTPC and the Uttar Pradesh government. PTI ABI ABI SHW<BR> News - Press release - PIB....