Indian hydropower producer NHDC plans to build a 525 MW pumped storage project near a dam in Khandwa district of Madhya Pradesh. It will utilize the existing Indira Sagar and Omkareshwar reservoirs of the Indira Sagar project to build the project.

The project, estimated to cost $509.21 million, will provide 1,226.93 million units of energy during peak hours, helping Madhya Pradesh meet its energy demand during peak hours. The New and Renewable Energy Department of the Madhya Pradesh Government has handed over the project to the NHDC.

Madhya Pradesh has the potential for 11.2 GW of pumped storage projects. NHDC currently operates two power stations in Khandwa district: Indira Sagar Power Station (1 GW) and Omkareshwar Power Station (520 MW). These power stations provide all the electricity in Madhya Pradesh.

There are other ongoing construction projects in Madhya Pradesh, including an 8 MW solar array at Sanji and an 88 MW floating solar installation at Omkareshwar Reservoir.Editor/XingWentao