Govt looks to add 13 GW hydro pumped storage projects annually from FY29 to meet 50 GW target

The government is looking to add up to 13 GW of hydro pumped storage projects (PSPs) annually, over four-fold from current levels of addition, to have 50 GW of such capacity by 2032, a senior official said on Monday.

Ghanshyam Prasad, Chairperson of Central Electricity Authority (CEA), made the remarks at the ‘Conference on Energy Storage – Driving the Clean Energy Transition’ in the national capital.

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