THDC India to Develop 6,790 MW Pumped Hydropower Storage Project Worth Rs 336 Bn
THDC India is set to develop a 6,790 MW pumped hydropower storage project, which will be one of the largest in the country. The project, estimated to cost Rs 336 billion, will help address the issue of renewable energy storage and provide a reliable sourc
Thdc IndiaPumped Hydropower Storage ProjectRenewable EnergySustainable PowerClimate ChangeReal Estate MaharashtraSep 06, 2024
The project will be developed under the aegis of the Ministry of Power, Government of India, and will be funded by a combination of debt and equity. The project will be implemented on a build, own, and operate (BOO) basis, and will have a concession period of 35 years.
The pumped hydropower storage project will be designed to provide a reliable source of power during peak hours, and will also help to stabilize the grid by storing excess energy generated by renewable sources such as solar and wind. The project will also help to reduce greenhouse gas emissions and contribute to the country's efforts to mitigate climate change.
The project is expected to create employment opportunities for thousands of people during the construction phase, and will also generate revenue for the local communities through taxes and other levies.
THDC India has already initiated the process of land acquisition and has obtained the necessary clearances from the relevant authorities. The project is expected to be completed within a period of 5 years, and will be operational by 2029.
The development of the pumped hydropower storage project is a significant step towards achieving the country's renewable energy targets, and will help to ensure a sustainable and reliable source of power for the future.
The project will also contribute to the country's efforts to reduce its dependence on fossil fuels and mitigate climate change. The use of pumped hydropower storage will help to reduce greenhouse gas emissions and promote the use of clean energy.
In addition to the environmental benefits, the project will also have significant economic benefits. The project will create employment opportunities and generate revenue for the local communities, and will also contribute to the country's GDP.
Overall, the development of the 6,790 MW pumped hydropower storage project by THDC India is a significant step towards achieving the country's renewable energy targets, and will help to ensure a sustainable and reliable source of power for the future.
Information
THDC India is a leading player in the Indian power sector, and has been involved in the development of several hydropower projects in the country. The company has a strong track record of developing and operating hydropower projects, and has the necessary expertise and resources to develop the 6,790 MW pumped hydropower storage project.
THDC India is a leading power generation company in India, with a portfolio of hydropower and wind power projects. The company is committed to developing sustainable and reliable sources of power, and has a strong track record of delivering projects on time and within budget.
Keywords THDC India, pumped hydropower storage project, renewable energy, sustainable power, climate change, greenhouse gas emissions.
FAQs
Q What is the capacity of the pumped hydropower storage project being developed by THDC India?
A The capacity of the project is 6,790 MW.
Q What is the estimated cost of the project?
A The estimated cost of the project is Rs 336 billion.
Q What is the concession period for the project?
A The concession period for the project is 35 years.
Q What are the environmental benefits of the project?
A The project will help to reduce greenhouse gas emissions and promote the use of clean energy.
Q What are the economic benefits of the project?
A The project will create employment opportunities and generate revenue for the local communities, and will also contribute to the country's GDP.
Frequently Asked Questions
What is the capacity of the pumped hydropower storage project being developed by THDC India?
The capacity of the project is 6,790 MW.
What is the estimated cost of the project?
The estimated cost of the project is Rs 336 billion.
What is the concession period for the project?
The concession period for the project is 35 years.
What are the environmental benefits of the project?
The project will help to reduce greenhouse gas emissions and promote the use of clean energy.
What are the economic benefits of the project?
The project will create employment opportunities and generate revenue for the local communities, and will also contribute to the country's GDP.
Related News Articles
Mumbai Secures Second Spot Globally for Surge in Prime Property Prices
Mumbai ranks second globally with a 13% annual rise in prime residential property prices, up from 6th place last year.
Deepika Padukone's Luxury Apartment Purchase in Bandra: A ₹17.7 Crore Addition to Her Real Estate Portfolio
Deepika Padukone's business venture, KA Enterprises, has purchased a luxurious apartment in Mumbai's posh Bandra West area for ₹17.7 crore, adding to her growing real estate portfolio in the city's most sought-after neighborhood.
PM Modi on India's Rapid Telecom Growth and Its Global Influence
Prime Minister Narendra Modi highlights India's rapid advancements in the telecom sector and its growing global impact, transforming real-time digital transactions and market updates.
Eldeco: A Legacy of Excellence in Real Estate
New Delhi [India], October 21: Since its inception, The Eldeco Group has been a pioneer in real estate development across North India, setting new benchmarks in quality, innovation, and customer satisfaction.
551 Candidates File Nominations for 21 Assembly Seats in Pune District
A total of 551 candidates have submitted their nominations for the 21 Assembly seats in Pune district. The highest number of candidates is from the Pimpri constituency, with 39 nominations, while the Junnar constituency has the lowest with 17 nominations.
Birla Estates Acquires 70.92-Acre Land Parcel in Boisar, Maharashtra for Future Projects
Realty developer Birla Estates, a prominent subsidiary of Aditya Birla Real Estate, has made a strategic move by acquiring a significant 70.92-acre land parcel in Boisar, Maharashtra. This acquisition is expected to bolster the company’s portfolio and pav