JSW Energy Limited, through its wholly owned subsidiary, JSW Neo Energy, has signed a Memorandum of Understanding (MoU) with the government of Chhattisgarh for the construction of a 1,000 MW Hydro Pumped Storage Project in Chhattisgarh, dubbed Hasdev Bango Pumped Storage Project.
With the fast expansion of renewable energy capacity in the country, energy storage options such as Hydro Pumped Storage Projects (PSP) have become necessary to meet the country’s intermittent power needs.
Hydro Pumped Storage is a proven technology that delivers enough peaking power reserves, dependable grid operation, energy balancing, and storage capacity.
