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The Maharashtra government has signed an agreement with Tatya Saheb Kore Warana Co-operative Navshakti Nirman Sanstha Ltd to develop three pumped storage hydropower projects with a total investment of around INR 5,200 crore. These projects will add 1,100 MW of capacity and generate about 1,100 jobs. The move comes as the state prepares for rising power demand, especially from data centres. Officials highlighted that pumped storage will support grid stability and renewable energy use, while also contributing to long-term energy planning and employment generation across the state.
The Maharashtra government has signed a Memorandum of Understanding with Tatya Saheb Kore Warana Co-operative Navshakti Nirman Sanstha Ltd to develop three pumped storage hydropower projects, involving an overall investment of about INR 5,200 crore. Advertisement
These projects will together generate 1,100 MW of electricity and are expected to create around 1,100 jobs, according to an official statement.
The agreement was signed in the presence of Chief Minister Devendra Fadnavis, who indicated that the rapid growth of data centres in the state is likely to significantly increase electricity demand over the next four years. He noted that this demand would largely be for renewable energy-based supply, making such storage projects important for the state’s energy mix. He also stated that these projects would enable large-scale energy storage and help maintain stability in the national grid.
Pumped storage hydropower projects work by using surplus electricity to pump water to an elevated reservoir. When demand rises, the stored water is released to generate electricity through turbines, making it a reliable method to balance intermittent renewable energy sources like solar and wind.
Among the planned developments, the Kumbhi off-stream closed loop pumped storage projects (Parts A and B) will be located in Kolhapur and Sindhudurg districts, while the Kadvi project will be set up at Shahuwadi in Kolhapur district.
The total investment is estimated at around INR 5,199 crore. The Kumbhi (Part A) project will have a capacity of 600 MW with an investment of INR 2,784 crore and is expected to generate 600 jobs. Kumbhi (Part B) will add 300 MW capacity with an investment of INR 1,434 crore and create 300 jobs. The Kadvi project will contribute 200 MW capacity, with an investment of INR 981 crore and around 200 jobs.
Fadnavis further pointed out that while states such as Rajasthan and Gujarat benefit from large-scale solar energy due to extensive desert land, Maharashtra’s strength lies in pumped storage capabilities. He added that the state is considering extending ‘anchor project’ support, including a favourable approach to power purchase agreements and financial assistance.
Water Resources Minister Girish Mahajan stated that such projects will play a key role in helping Maharashtra move towards nearly 1 lakh MW power capacity. He also highlighted that power supply conditions have improved over the years, with reduced instances of load shedding during peak summer months, and added that these projects would support reliable 24-hour electricity supply.
MLA Vinay Kore said that pumped storage projects would be important for achieving energy independence and better utilisation of natural resources in the Sahyadri region. He also noted that these projects could help divert excess monsoon water that otherwise flows into the sea towards drought-prone areas.
Additional Chief Secretary (Water Resources) Deepak Kapoor said the state has already developed 80,515 MW of power generation capacity. He added that a policy framework for projects up to INR 3,000 crore is expected to be introduced in line with central government guidelines.
Officials further stated that around 59 pumped storage projects are planned across Maharashtra, which could collectively create 81,215 MW of capacity, attract investments worth INR 4.28 lakh crore, and generate employment for approximately 1.31 lakh people. These projects will require about 19.29 TMC of water for initial storage.
Source PTI
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