State-run hydropower company THDC India Ltd (THDCIL) has signed a memorandum of understanding and power purchase agreement (PPA) with the government of Gujarat and Gujarat Urja Vikas Nigam Ltd (GUVNL) for the supply of 184.08 MW of clean power from India’s first variable-speed pumped storage project at Tehri, Uttarakhand.
The agreement aims to support Gujarat’s rising peak-hour electricity demand while enabling seamless integration of renewable energy into the grid.
“This agreement reinforces THDCIL’s commitment to accelerating the energy transition through advanced hydropower solutions,” said R.K. Vishnoi, Chairman and Managing Director, THDCIL. “The variable-speed PSP at Tehri offers Gujarat a reliable, flexible, and green energy source for its dynamic load requirements.”
Sipan Kumar Garg, Director (Finance), THDCIL, added, “This marks a strategic milestone in delivering commercially viable clean energy solutions. We remain focused on sustainable growth and innovation in power generation.”
The MoU and PPA are aligned with the Government of India’s broader vision to promote pumped storage as a key enabler of flexible generation and grid stability—with rising renewable penetration and variable demand patterns.
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.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.