India’s Greenko has signed a memorandum of understanding (MoU) with the Tamil Nadu government to build three pumped storage projects totalling 3.3 GW in Tamil Nadu.

Greenko to build 3.3 GW of pumped storage projects in Tamil Nadu

Greenko has signed an agreement to develop three pumped storage projects totalling 3.3 GW in the Indian state of Tamil Nadu.

August 22, 2024 Uma Gupta

India’s Greenko has signed a memorandum of understanding (MoU) with the Tamil Nadu government to build three pumped storage projects totalling 3.3 GW in Tamil Nadu. The projects will be developed in Tirupathur, Salem and Tiruvannamalai districts of the Indian state.

Group president and joint managing director Mahesh Kolli signed and exchanged MoU with the Government of Tamil Nadu in the presence of the state’s chief minister MK Stalin and Greenko Group CEO and MD Anil Chalamalasetty.

Greenko is building 100+ GWh of connected digitized cloud storage enabled through integrated pumped storage projects across the nation.

The developer is building India’s largest pumped storage project in Madhya Pradesh. The project is located in the Khemla block of Neemuch district, and has a capacity of 1.44 GW with storage for 7.5 hours. It is now being expanded to 1.92 GW with storage for 6 hours to provide a storage of nearly 11 GWh daily.

Greenko has an installed renewable energy capacity of 7.5 GW across wind, solar and hydro capacities with presence in 15 states in India. Projects of 50 GWh of storage are planned to be operational by 2025. Additionally, another 50 GWh of storage are planned in the subsequent years taking total storage capacity to 100 GWh. Energy from these assets will be digitally managed via a cloud-based platform.