Maharashtra Signs MoU for 1,500 MW Pumped-Storage Project

Maharashtra has signed a Memorandum of Understanding (MoU) for a 1,500 MW pumped-storage project, marking a significant step towards enhancing the state's renewable energy infrastructure.

Renewable EnergyPumpedstorageHydropowerMaharashtraEnergy InfrastructureReal Estate MaharashtraNov 11, 2025

Maharashtra Signs MoU for 1,500 MW Pumped-Storage Project
Real Estate Maharashtra:Maharashtra has taken a significant step towards bolstering its renewable energy infrastructure by signing a Memorandum of Understanding (MoU) for a 1,500 MW pumped-storage project. This initiative aims to enhance the state's energy storage capabilities, ensuring a more reliable and sustainable power supply.

The MoU was signed between the Maharashtra State Electricity Distribution Company Limited (MSEDCL) and the National Hydroelectric Power Corporation (NHPC) on November 11, 2025. The project, which is expected to be one of the largest pumped-storage projects in the country, will be located in the Western Ghats region of Maharashtra.

Pumped-storage hydropower is a method of storing and generating electricity by moving water between two reservoirs at different elevations. During periods of low electricity demand, water is pumped from the lower reservoir to the upper reservoir using excess electricity. When demand increases, the stored water is released back to the lower reservoir, generating electricity through turbines.

This technology is particularly useful for balancing the grid, as it can quickly respond to fluctuations in demand and supply, making it an ideal complement to intermittent renewable energy sources like solar and wind power. The 1,500 MW project in Maharashtra is expected to play a crucial role in the state's efforts to integrate a higher share of renewable energy into the grid.

The project is expected to create numerous job opportunities and boost the local economy. Additionally, it will contribute to reducing carbon emissions by providing a more stable and reliable power supply, which can help displace fossil fuel-based power generation.

The NHPC, a central public sector enterprise under the Ministry of Power, has extensive experience in developing and operating hydropower projects across India. The company's expertise will be crucial in ensuring the successful execution of the pumped-storage project in Maharashtra.

The state government has been actively promoting renewable energy and has set ambitious targets for increasing its share of clean energy in the power mix. The 1,500 MW pumped-storage project aligns with these goals and is expected to be a key component of Maharashtra's energy transition strategy.

The project is expected to enter the construction phase in the next few years, with operations slated to begin by 2030. The successful implementation of this project could serve as a model for other states and countries looking to enhance their energy storage capabilities and promote sustainable development.

In conclusion, the signing of the MoU for the 1,500 MW pumped-storage project in Maharashtra represents a significant milestone in the state's journey towards a more sustainable and resilient energy future. With the support of the NHPC and the commitment of the state government, this project has the potential to make a substantial impact on the renewable energy landscape in India.

Frequently Asked Questions

What is a pumped-storage hydropower project?

A pumped-storage hydropower project is a method of storing and generating electricity by moving water between two reservoirs at different elevations. During low demand, water is pumped to the upper reservoir using excess electricity, and during high demand, the water is released to generate electricity.

Why is the 1,500 MW project important for Maharashtra?

The 1,500 MW project is important for Maharashtra as it will enhance the state's energy storage capabilities, provide a more reliable power supply, and support the integration of renewable energy sources like solar and wind power into the grid.

Who are the key stakeholders in this project?

The key stakeholders in this project are the Maharashtra State Electricity Distribution Company Limited (MSEDCL) and the National Hydroelectric Power Corporation (NHPC).

When is the project expected to be operational?

The project is expected to enter the construction phase in the next few years and is slated to begin operations by 2030.

How will this project contribute to sustainable development?

This project will contribute to sustainable development by creating job opportunities, reducing carbon emissions, and providing a more stable and reliable power supply, which can help displace fossil fuel-based power generation.

Related News Articles

Hyderabad Real Estate Market on the Rise: CREDAI to Host Annual Property Shows
Real Estate Maharashtra

Hyderabad Real Estate Market on the Rise: CREDAI to Host Annual Property Shows

Explore the booming real estate sector in Hyderabad with CREDAI's annual property shows, highlighting the city's resilience and growth.

July 12, 2024
Read Article
Mahindra & Mahindra Sells 20.5-Acre Land Parcel in Mumbai's Kandivali for Rs 210 Crore
Real Estate Mumbai

Mahindra & Mahindra Sells 20.5-Acre Land Parcel in Mumbai's Kandivali for Rs 210 Crore

Mahindra & Mahindra has sold a 20.5-acre land parcel in Mumbai's Kandivali for Rs 210 crore to Blueprintify Properties, a Pune-based real estate development entity.

August 1, 2024
Read Article
Chandak Highscape City Wins Prestigious Award for Innovative Real Estate Marketing
Real Estate

Chandak Highscape City Wins Prestigious Award for Innovative Real Estate Marketing

Mumbai-based real estate developer Chandak Group wins award for 'Innovative Real Estate Marketing Campaign of the Year' for Chandak Highscape City

August 30, 2024
Read Article
Utpal Sheth's Luxury Purchase: A Testament to Mumbai's Booming High-End Real Estate Market
Real Estate Mumbai

Utpal Sheth's Luxury Purchase: A Testament to Mumbai's Booming High-End Real Estate Market

Mumbai's high-end real estate market continues to soar with record-breaking property sales, especially in premium areas like Worli. Utpal Sheth's recent purchase of a luxurious sea-view apartment for over INR 123 crore is a prime example of this trend.

September 27, 2024
Read Article
Maha Assembly Polls: Ajit Pawar to Clash with Two Nephews in Baramati and Karjat-Jamkhed
Real Estate Maharashtra

Maha Assembly Polls: Ajit Pawar to Clash with Two Nephews in Baramati and Karjat-Jamkhed

NCP chief and Deputy Chief Minister Ajit Pawar is set to face a significant challenge in the upcoming Maharashtra Assembly elections, as he takes on two of his nephews, Yogendra Pawar and Yash Pawar, in the Baramati and Karjat-Jamkhed constituencies.

October 29, 2024
Read Article
Luxury Penthouse in Camellias, Gurugram Sells for an Astonishing ₹190 Crore
Real Estate Mumbai

Luxury Penthouse in Camellias, Gurugram Sells for an Astonishing ₹190 Crore

A high-profile real estate transaction in Gurugram recently saw a penthouse in the prestigious Camellias complex sell for a staggering ₹190 crore. The deal underscores the enduring appeal of luxury housing in key metropolitan areas of India, particularly

December 7, 2024
Read Article