Tata Power develops green hydroelectric projects in Maharashtra

Tata Power and the Maharashtra government are joining forces to develop hydroelectric storage projects to support the region's energy objectives, economic growth and job creation.

Share:

Tata Power joins forces with Maharashtra to develop green hydroelectric projects, promoting a sustainable economy.

Development of Hydroelectric Energy Storage Projects in Maharashtra

Tata Power and the Maharashtra government are working together to build two hydroelectric projects, with the aim of developing the state’s economy. With a total capacity of 2,800 MW, these projects are part of the vision to propel the state towards a $1 billion economy by 2028. The investment of 13000 Cr will be divided between the districts of Shirawta, Pune (1800 MW) and Bhivpuri, Raigad (1000 MW). The MoU signing ceremony took place in Mumbai, in the presence of eminent dignitaries, including Mr Devendra Fadnavis, Deputy Chief Minister of Maharashtra, marking a major milestone in the cooperation.

Using Hydroelectric Power to Support Energy Goals

“The signing of this MoU is a major step forward in Tata Power’s journey towards a clean, green energy future. Pumped hydro storage is a reliable and efficient way to store energy, and these projects will support solar and wind renewable projects to ensure a reliable and continuous 24/7 power supply. This is a historic moment for both Maharashtra and Tata Power, and we are proud to be part of this initiative,” said Dr Praveer Sinha, CEO of Tata Power.

These projects will take advantage of the kinetic energy of water to provide a stable power supply. In periods of excess energy, water will be pumped between reservoirs. During peak demand, the stored water will drive the turbines to generate electricity. This initiative will enhance energy security, complementing the use of renewable sources. A 2800 MW hydroelectric capacity will be a significant addition to the cleaner capacities, contributing to energy sustainability.

Tata Power’s legacy in the region

The natural topography and geology of the Western Ghats are ideal for pumped storage projects. Tata Power, which has been present in the region for a century, operates three hydroelectric power stations: Khopoli Hydro Generating Station, Bhivpuri Hydro Generating Station and Bhira Hydro Generating Station, including a 150 MW hydroelectric storage project. The energy produced has influenced Mumbai’s economy. The water released has contributed to economic growth in Raigad and Thane.

Minesto has completed a reorganization that led to a 35% reduction in fixed costs and a focus on its future commercial projects. This reorganization includes geographical streamlining, a new management team, and a realignment of product development priorities.
Eco Wave Power shareholders approve renewed authorization to repurchase American Depositary Shares representing up to 10% of the company's total share capital, during the 2025 Annual General Meeting held in Stockholm, Sweden.
Proteus Marine Renewables' AR1100 tidal turbine, with a capacity of 1.1MW, obtains official Japanese certification and starts supplying electricity to the national grid after meeting stringent safety and reliability standards.
Swedish company Minesto will lead a consortium awarded €2.1 million funding to install an autonomous tidal-powered microgrid in the Faroe Islands aimed at off-grid communities.
Eco Wave Power Global AB will officially launch the first U.S. pilot wave energy project at the Port of Los Angeles on September 9, in partnership with AltaSea, an organization specializing in innovative maritime solutions.
The Burundian government officially launches the first phase of the Jiji-Mulembwe hydroelectric complex, a strategic 49.5 MW capacity project aimed at enhancing national energy supply through substantial international financing.
The Russian company InterRAO anticipates a 4% annual reduction in electricity exports, primarily impacted by a significant decrease in shipments to China due to limited hydroelectric production and rising domestic demand.
The global hydropower plants market is projected to reach USD 318.3 billion by 2032, driven by growing demand for renewable energy, increased adoption of micro-hydropower plants, and heightened government support, according to a recent report.
Port-au-Prince is without electricity after residents of Mirebalais forcibly shut down a hydroelectric plant protesting government inaction amid escalating gang-related violence.
Globeleq acquires a majority stake in Lunsemfwa Hydro Power Company, marking its entry into the Zambian energy market with two hydropower plants and a solar project.
The Asian Development Bank provides nearly a million dollars for improving Kyrgyzstan's energy system and considers an additional $150 million for the strategic Kambarata-1 hydroelectric dam.
Ukraine’s national operator Ukrhydroenergo announces an ambitious two-phase reconstruction plan to swiftly restore the Kakhovka hydroelectric dam, destroyed during the conflict, at an estimated cost of up to one billion dollars.
Swedish energy developer Minesto confirmed a 25% increase in output from its Dragon 12 tidal system, marking a key step towards commercial deployment in the Faroe Islands.
Axpo will start major works in May around its Beznau hydropower plant to meet the requirements of its new operating permit valid until 2052, including the creation of new ecological habitats.
Norwegian group Orkla announces the sale of its hydropower portfolio through two separate transactions, valuing the assets at NOK 6.1 billion. A strategic decision aimed at streamlining operations and refocusing priorities.
Eastern Kazakhstan plans to construct five hydropower plants with a total capacity of 74.3 MW, consolidating its position as a national leader in hydropower despite challenges related to land allocation.
Adani Group, a leader in renewable energy, plans to develop 10 GW of hydroelectric capacity in several Asian and African countries, including Bhutan, Nepal, Kenya, and Vietnam, to strengthen its green portfolio and achieve carbon neutrality by 2050.
The international technology group ANDRITZ has been selected to upgrade one of the units of Norway's largest run-of-river hydropower plant, Vamma, increasing its capacity by 22% while improving its energy efficiency.
Eco Wave Power and Lian Tat Sign a Historic Agreement to Develop the First Onshore Marine Energy Installation in Asia, Starting with a 100KW Pilot Project in Taiwan.
Uganda is undertaking the construction of three hydropower plants on the Nile to add 1,632 MW to its electricity capacity while exploring nuclear initiatives to diversify its energy mix in response to growing demand.