NTPC Group Developing 20 GW Pumped Storage Projects, Plans 5 GW Commissioning by FY32

NTPC
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NTPC Group is advancing pumped storage projects with a combined capacity of 20 GW across several locations nationwide, according to a senior company representative. The group aims to commission between 3 and 5 GW of these projects by the fiscal year 2031-32.

The official noted, “NTPC and its hydro subsidiaries have a pipeline of pumped storage projects totaling 20 GW.” One of the key projects, a 1,000 MW pumped storage plant (four units of 250 MW each) at Tehri in Uttarakhand, developed by NTPC’s subsidiary THDC India, recently saw its first unit begin commercial power generation earlier this month.

“We expect to commission the initial 1,000 MW at Tehri PSP by FY26, followed by an additional 3 to 5 GW by FY32,” the official added. Pumped storage plants typically offer operational lifespans exceeding 40 years along with regulated returns. As vital components of India’s transition to renewable energy, these assets contribute long-term reliability to the power mix, supporting energy security, sustainable growth, and climate objectives.

The official further mentioned, “Preliminary feasibility studies for 18 projects are complete, and detailed project reports for four are nearing completion, moving us closer to expanding our energy storage portfolio.”

NTPC Ltd, India’s largest integrated power producer, meets about 25% of the country’s electricity demand through a diverse mix of thermal, solar, and wind power. As of June 13, NTPC’s standalone capacity stood at 60,266 MW, with a combined group capacity reaching 81,368 MW.

NTPC Limited, formerly known as National Thermal Power Corporation, is India’s largest power utility, established in 1975 under the Ministry of Power, Government of India. The company is primarily engaged in the generation and sale of electricity to state-owned and private sector utilities. NTPC operates a vast network of thermal, hydro, and renewable energy plants across India, with a total installed capacity of over 68,000 MW. The company’s commitment to providing affordable and sustainable energy plays a significant role in the country’s economic development by ensuring reliable power supply to industries, businesses, and households alike.

NTPC is also actively working towards reducing its carbon footprint by increasing its focus on renewable energy sources. The company has set ambitious targets to diversify its energy mix, including wind, solar, and hydroelectric power.

As part of its commitment to sustainability, NTPC aims to become a leader in clean energy solutions, with plans to achieve a significant share of its capacity from non-fossil fuel sources in the coming years. Furthermore, NTPC continues to invest in modernizing its operations with cutting-edge technology, ensuring efficient energy production and contributing to India’s energy security.