The Central Electricity Authority (CEA) has accorded concurrence to two hydro pumped storage plants (PSPs) namely, 600 MW Upper Indravati in Odisha being developed by Odisha Hydro Power Corporation Limited and 2,000 MW Sharavathy in Karnataka being developed by Karnataka Power Corporation Limited in record time.
The CEA has also received huge number of proposals of hydro PSPs (worth around 60 GW), under survey and investigation, which are at various stages of preparation of detailed project report (DPR). After preparation of DPRs, these PSPs will be uploaded by the developers on online portal for concurrence by CEA. To fast track the concurrence process of PSPs, CEA has further revised the guidelines to simplify the process for preparation of DPRs of PSPs and its concurrence.