Pre Project Stage Renewable Power Projects Private Sector

Rs.97314 Million New Pumped Storage Hydro Power Plant in Nayagarh, Odisha

Investment
More than 49999 Million
Stage
Pre Project Stage
Location
Nayagarh, Odisha
Last updated
24 Feb 2026

Project summary

An ambitious ₹9,731.47 crore Pumped Storage Hydro Power project is set for development in Nayagarh, Odisha. Serving as a massive "green battery," the facility will store renewable energy to stabilize the grid during peak demand. As of February 2026, the project has secured formal investment approval from the state’s High-Level Clearance Authority (HLCA).

Project details

SegmentRenewable Power Projects
IndustryPower Generation
Products & capacityPumped Storage Hydro Power Plant
DistrictNayagarh
StateOdisha
InvestmentMore than 49999 Million
Project typeNew
OwnershipPrivate Sector
StagePre Project Stage
Last updated24 Feb 2026
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