BusinessDalal Street Investment Journal
Tata Power wins SECI pumped storage project
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Tata Power received a Letter of Award from SECI for a 324 MW / 2,592 MWh Pumped Storage Plant.
The project carries an annual fixed charge of approximately Rs 351.3 crore for 324 MW capacity.
Tata Power will provide energy storage services for 40 years from scheduled supply commencement.
Supply of storage capacity must commence within 36 months from the effective date of the PPA.
The project supports integration of renewable energy into India's national power grid via pumped hydro storage.
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