New Delhi: NHPC and Torrent Energy Ltd have signed a MoUs with the federal government of Maharashtra for growth of pumped hydro storage tasks.
In an announcement, state-run NHPC mentioned that beneath its MoU with the state authorities the hydro energy main envisages growth of 4 pumped storage tasks aggregating to 7350 MW specifically Kalu (1150 MW), Savitri (2250 MW), Jalond (2400 MW) and Kengadi (1550 MW) and different renewable vitality supply tasks within the state. These tasks will appeal to an funding of about ₹44,000 crores and create practically 7000 direct and oblique employment alternatives within the state.
Torrent Energy additionally has tied as much as develop three pumped hydro storage tasks within the state.
An announcement by Torrent Energy mentioned that the tasks would entail an funding of about ₹27,000 crore and would offer employment to round 13,500 individuals in the course of the development interval, mentioned an organization assertion. Torrent intends to execute these tasks over a interval of 5 years, it mentioned.
The tasks could be executed at three websites recognized by Torrent specifically Karjat (3,000 MW) in Raigarh District, Maval, (1,200 MW) and Junnar (1,500 MW) in Pune District. All of the websites are off-stream and the tasks are deliberate to supply a minimal of six hours of vitality storage each day.
The share of renewable energy, which is intermittent in nature, is quickly growing within the grid. This necessitates vitality storage for load administration and assembly peak demand. Pumped storage hydro is a longtime, confirmed and cost-effective know-how for agency, versatile and dispatchable energy. It’s a configuration of two water reservoirs at totally different elevations. Water is pumped to the higher reservoir on the time of extra energy when it’s the most cost-effective.
On the time of demand when energy is dear, water circulate from higher reservoir to decrease reservoir generates energy with a hydraulic turbine.
Torrent Energy at present has an mixture put in era capability of 4.1 GW, which consists largely of fresh era sources akin to gasoline (2.7 GW) and renewables (1.07 GW).
It additionally has renewable capability of 0.7 GW beneath growth. Torrent’s development focus in energy era stays on renewables, the corporate mentioned, including that to enhance its rising portfolio of renewables and distribution, the corporate is strategically coming into the space for storing to meet the void left within the grid by intermittent renewable energy.
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Up to date: 06 Jun 2023, 10:00 PM IST
Supply: Live Mint