PM Narendra Modi lays foundation stone for Torrent’s solar, pumped storage, green hydrogen projects in Uttar Pradesh

Share

Prime Minister Narendra Modi on Monday laid the foundation stone for four projects being developed by Torrent Power in Uttar Pradesh with an investment of around INR 25,000 crore (over $3 billion).

The projects include two pumped storage hydro projects with a total capacity of 4.15 GW in the Sonbhadra district, a 150 MW solar power plant in the Lalitpur district (of the Bundelkhkand region of Uttar Pradesh), and a pilot green hydrogen production facility in Gorakhpur. In the Gorakhpur project, green hydrogen will be produced and blended with the gas distribution network being built by Torrent Gas. This will be one of the largest green hydrogen and natural gas blending projects in the country.

The four projects are expected to generate direct and indirect employment opportunities for about 8,000 people in the State.

Torrent Group had signed a Memorandum of Understanding (MoU) with the State government of Uttar Pradesh for these projects during the UP Global Investors Summit 2023 held in February 2023.

Torrent Power, an integrated power utility company of the Torrent Group, has presence across the entire power value chain – generation, transmission and distribution. The company has an aggregate installed generation capacity of 4,287 MW comprising 2,730 MW of gas-based capacity, 1,195 MW of renewable capacity, and 362 MW of coal-based capacity. Further, renewable projects of 977 MW are under development. Total generation capacity, including projects under advanced stages of development, is 5,264 MW.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Waaree Energies, IIT Bombay collaborate to drive perovskite solar R&D
12 December 2024 Waaree Energies will support creation of an advanced fabrication and characterization setup for high-efficiency perovskite solar cells at IIT Bombay.