India’s push for energy security and grid stability takes a significant leap with the new TBCB guidelines for Pumped Storage Projects (PSP). These guidelines are designed to ensure fair, transparent bidding while supporting the nation’s renewable energy transition.
In this episode, Mr. Sanjay Kumar Mittal, Senior Director at Eninrac, discusses:
✅ The role of energy storage in grid stability
✅ How PSPs complement solar and wind energy
✅ The financial viability of energy storage investments
✅ India’s target of 74 GW of energy storage by 2031-32
✅ How transparent bidding will boost project execution
With energy storage development costs at INR 6-8 crore per MW and an attractive IRR of 11-14%, the power sector is gearing up for a sustainable energy future.
Tune in now for expert insights! India’s TBCB Guidelines Podcast
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