NHDC To Construct 525 MW Pumped Storage Power Project In Madhya Pradesh; Estimated To Cost Rs 4,200 Crore

Narmada Hydroelectric Development Corporation (NHDC) Limited will construct a 525 megawatt (MW) pumped storage project near Indira Sagar dam in Khandwa, Madhya Pradesh.

NHDC, a joint venture between NHPC and MP government, will use the existing reservoirs, Indira Sagar and Omkareshwar of the Indira Sagar project, for the pumped storage project.

The pumped storage project is being undertaken, keeping in view the need for increasing peak hour demand of the state, the Ministry of Power said in a release on Friday (9 June).

With the increased renewable energy generated through this pumped storage project, the energy needs of the state can be met during peak energy hours (morning and evening), it said.

The project, estimated to cost Rs 4,200 crore, will generate 1,226.93 million units of energy during peak hours, the ministry added.

The Madhya Pradesh government's Department of New and Renewable Energy has allotted this project to NHDC Limited, according to the Ministry of Power.

According to the ministry, there is a potential for 11.2 GW of Pumped storage projects in Madhya Pradesh.

At present, two power stations of NHDC Limited, namely Indira Sagar Power Station (1000 MW) and Omkareshwar Power Station (520 MW) are in operation in the Khandwa district.

The ministry added that 100 per cent of the power produced by these power stations are supplied to Madhya Pradesh.

NHDC plans to make the state a green state through the production of green energy with construction of solar power projects.

Construction of 8 MW solar project in the historic city of Sanchi, and of 88 MW floating solar project on Omkareshwar reservoir is in progress, the ministry said.