The pumped storage projects must be commissioned within five years from the award of the project. The commissioning period includes 1.5 to 2 years for detailed project report preparation, land acquisition, studies, detailed engineering, etc, and 3 to 3.5 years of construction period.
“Early completion of milestones would be acceptable and already built-up pumped storage projects would also be acceptable,” states the tender document.
Each developer must bid for a minimum of 200 MW (at a single location), rising in increments of 10 MW up to 2 GW (in single or multiple locations with a minimum of 200 MW at each location). The minimum storage cycle is six hours in all cases.
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