THDC, Maharashtra Ink ₹33,600 Crore Deal for 6,790 MW Hydro Storage

THDC India Ltd. has signed an MoU with Maharashtra’s Department of Water Resources to develop six pumped hydro power storage projects totaling 6,790 MW. With an estimated investment exceeding ₹33,600 crore, these projects will significantly bolster renewable energy storage capacity.

The six projects include Malshej Ghat (700 MW), Aruna (1,950 MW), Kharari (1,250 MW), Humbarli Birmani (1,000 MW), Aruna Kolamb (1,200 MW), and Morawadi Majarewadi (690 MW). These facilities will help stabilize the grid by storing excess energy and supplying it during peak demand.

THDC will conduct surveys, investigations, and prepare detailed project reports (DPRs) for each site. The Maharashtra government will support water allocation for the projects’ initial and annual requirements.

Both central and state regulations will guide the execution of these projects, which are set to be completed within specified timelines. THDC will submit the DPRs to the Central Electricity Authority (CEA) and state departments for approval.

This agreement marks a key milestone in India's push towards sustainable energy solutions and strengthens Maharashtra’s renewable energy infrastructure.

News by Rahul Yelligetti