The government of the Indian State of Madhya Pradesh has inaugurated the start of construction for a 1,440 MW pumped-storage hydropower project, developed by Greenko Group and located in the Neemuch district of Madhya Pradesh (central India). The project will have a storage capacity of 7.5 hours.
Greenko also plans to further expand the project to 1,920 MW with storage of 6 hours, to provide a storage of nearly 11 GWh/day. The project will require an investment of INR115bn (US$1.4bn) over the next three years. When completed, the project will be able to integrate more than 7 GW of renewable capacity.
In December 2021, India announced 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 2029-2030. The country has an installed pumped-storage capacity of 4.8 GW (end of 2022). Hydropower accounts for 11% of India's total capacity, with 51.8 GW.
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