The State Investment Promotion Board (SIPB) of Andhra Pradesh (India) has approved Adani Green Energy’s four hydro pumped storage projects with a total capacity of 3,700 MW, requiring an investment of INR157.4bn (US$2bn). The company will build a 1,200 MW project in Kurukutti and a 1,000 MW plant in Karrivalasa. In addition, a 1,000 MW project will be set up in Gandikota while 500 MW plant in Chitravathi. Construction should start in December 2022 and commissioning is scheduled for December 2028. In May 2022, Greenko started building a 5,200 MW hydro pumped storage in Andhra Pradesh, which should be operational in 2023.
India plans to add 79 hydropower projects with a total capacity of 30 GW, including 11 pumped-storage projects totalling 8.7 GW, during the period 2019-2020 to 2029-30. The country has an installed pumped storage capacity of 4.9 GW (end of 2021). Hydropower accounts for 12% of India's total capacity, with 51.4 GW.
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