India is significantly advancing its energy storage capabilities with the Central Electricity Authority concurring on six hydro-pumped storage projects totaling 7.5 GW in 2024-25. Aiming for 22 GW in 2025-26, these projects will enhance grid reliability and support renewable energy goals. With private sector involvement increasing, India’s hydro PSP potential is expanding rapidly, targeting 50 GW by 2032.
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- Previous NTPC eyes 30 GW coal-fired capacity addition by FY32
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