Karnataka Pumped Hydro Storage Project is a 300MW hydro power project. It is planned in Karnataka, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027. Buy the profile here.
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Description
The project is being developed by Greenko Energies and JSW Neo Energy. These companies also have ownership stakes in the project.
Karnataka Pumped Hydro Storage Project is a pumped storage project.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.
Power purchase agreement
The power generated from the project will be sold to Power Company of Karnataka under a power purchase agreement for a period of 40 years, starting from 2023.
For more details on Karnataka Pumped Hydro Storage Project, buy the profile here.
About Greenko Energies
Greenko Energies Pvt Ltd (Greenko), a subsidiary of Greenko Mauritius Ltd, is a renewable energy company that provides energy storage and asset management solutions. The company develops, engineers, builds, owns and operates solar, wind, hydro, biomass and gas-based plants to generate electricity. Greenko’s project portfolio includes Ghani Solar Park, Rayala Wind Farm, and Dikchu Hydro-electric Project, among others. It also developing integrated renewable energy storage projects (IRESP) in Andhra Pradesh, Madhya Pradesh and Karnataka. The company operates with an additional office in New Delhi, India. Greenko is headquartered in Hyderabad, Telangana, India.
About JSW Neo Energy
JSW Neo Energy Ltd (JSW Neo Energy) is an integrated power company that generates, transmits, and trades electricity. JSW Neo Energy is headquartered in India.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
