India’s First-of-its Kind 3.6 GW Hybrid Project to be Setup in Rajasthan at Cost of Rs 30k Cr

Renewable energy project developer Greenko Energy will be developing this hybrid project at a cost of Rs 30,000 crore. The solar, wind and pump hydro storage projects will be set up in Pali, Jaisalmer and Shahpura respectively in Rajasthan.

March 20, 2021. By Manu Tayal

The Government of Rajasthan has been advancing to establish a first-of-its-kind 3.6 GW integrated project including 3,600 MW solar, 900 MW wind and 2,520 MW pump hydro storage plant.

Renewable energy project developer Greenko Energy will be developing this hybrid project at a cost of Rs 30,000 crore. The solar, wind and pump hydro storage projects will be set up in Pali, Jaisalmer and Shahpura respectively in Rajasthan.

The state has been promoting power storage solutions under the Rajasthan Solar Energy Policy 2019. The Rajasthan Renewable Energy Corporation Ltd (RRECL) has received several proposals for energy storage projects following the policy incentives.

Commenting on the development, Dr. Subodh Agarwal (IAS), CMD of Rajasthan Renewable Energy Corporation Ltd said, “among the projects seeking the policy advantage is a hydropower based storage project proposed to be developed in Baran district of the state. The excess solar-generated electricity will be used to pump water in a reservoir at a designated height. The potential energy of the water will be reclaimed using turbine driven generators. It will be first of its kind integrated project in the country with a combination of solar, wind and hydropower for uninterrupted power supply.”

The hydro storage project proposed in Shahpura, Baran district of Rajasthan will be developed at an estimated cost of Rs 11,882 crore. The storage facility will be a standalone pumped storage project of 2520 MW. It will use 1.7 TMC of water but will not consume it as the same will be cycled between top and bottom reservoirs.

“Greenko Group, with a current operational capacity of ~7 GW and a pipeline of ~8 GW, India’s leading New Energy company is thankful to the Govt. of Rajasthan for recognizing the importance and potential of Pumped Storage solutions and the numerous benefits they would bring to the State besides offering lowest cost Energy Storage solutions compared numerous technologies globally available today. The Project when completed by 2023-24 would be “World’s Largest Renewable Energy Asset” and strengthen and contribute immensely to Rajasthan’s efforts as a model state in the adoption of solutions for a sustainable future,” said Anil Chalamalasetty, Founder, MD & CEO of Greenko Group.

He further added, “the Integrated Renewable Energy Storage Projects (IRESPs) will ensure achieving long-term stability and reduction of electricity prices by ~20% nationally while enabling Grid Stability, Security and Feasibility for a future of deep decarbonisation of the Indian Energy sector.”

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