THDCIL to Develop 1600 MW PSPs in Rajasthan with an Investment of INR 8800 Crore
THDC India Ltd. has signed a MoU with the Government of Rajasthan to develop two pumped storage projects at Bisanpura in Bundi district and Rampura in Tonk district, totalling 1,600 MW, with an investment of INR 8800 crore.
October 03, 2024. By Mrinmoy Dey
The two proposed PSPs are the Bisanpura PSP (800 MW) in Indargarh, district Bundi and Rampura PSP (800 MW), in Uniara, district Tonk in Rajasthan. It will involve a proposed investment of INR 8800 crore.
The signing ceremony took place during the Rising Rajasthan Global Investment Summit in the presence of Bhajan Lal Sharma, Chief Minister of Rajasthan, and Rajyavardhan Singh Rathore, Minister of Youth Affairs and Sports, Government of Rajasthan.
Speaking on the occasion, the Rajasthan CM conveyed his full support and cooperation to ensure the effective implementation and early completion of the projects. This collaboration marks a significant advancement in Rajasthan's energy infrastructure and reinforces the commitment to enhancing the state’s renewable energy capabilities.
R.K. Vishnoi, CMD, THDCIL mentioned that the MoU outlines the development of both Pumped Storage Projects (PSPs) as off-stream closed-loop PSPs, optimising water usage for enhanced energy efficiency.
“The Bisanpura PSP will source water from the Gudha Dam, located approximately 12 kilometres away while the Rampura PSP will utilise water from the existing Bisalpur Reservoir. This strategic approach ensures a reliable supply while minimising environmental impact, allowing both projects to contribute significantly to sustainable energy solutions through efficient energy storage, thereby enhancing grid stability,” he said.
He expressed his confidence in this collaboration, highlighting the company’s strong track record in developing hydro projects, including the construction of one of the largest Pumped Storage Plants in the country, the Tehri PSP (1,000 MW).
He emphasized that the Bisanpura and Rampura are not just projects but vital components in achieving Rajasthan’s renewable energy goals. He stated, “These projects will harness our expertise in hydro technology, ensuring efficient energy storage and sustainable solutions that benefit both the environment and the local economy. We are committed to working closely with the Government of Rajasthan to bring these projects to fruition.”
The MoU was signed by Bhupender Gupta, Director (Technical), THDCIL, and Ajitabh Sharma, Principal Secretary, IAS, Industries and Commerce, Government of Rajasthan at Hotel Taj Man Singh, Delhi.
Gupta added that these Pumped Storage Projects are designed to provide not only reliable energy storage and generation but also foster local employment and infrastructural development. “Each project is likely to create around more than 25 lakh direct/indirect manpower hours, significantly benefiting the local communities,” he said.
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