Latest Project Updates
Rs.52000 Million New Pumped Storage Project in Nawada, Bihar
Executive Summary: A pumped storage power project is proposed in Nawada, Bihar, initially envisaged with an annual capacity of 9,125 lakh kWh and an investment of Rs.2,663.5 million. The proposal received state approval in December 2024. As of December 2025, plans have advanced to a 920 MW pumped storage facility with Rs.52,000 million investment, supported by an MoU with the state government.
Rs.16250 Million New Battery Energy Storage Manufacturing Unit in Maharashtra
Executive Summary: A company is planning to set up a new battery energy storage manufacturing unit in Maharashtra with an investment of about Rs.16,250 million. The proposal has been approved as of December 2025. Phase 1, with 20 GWh capacity, will be executed during FY26–FY27, with commercial operations expected by Q1 FY28. Phase 2 will add another 20 GWh during FY28–FY29.
Rs.6000 Million New Solar Power Plants in Uttar Pradesh
Executive Summary: A major conglomerate is developing two solar power projects in Prayagraj and Banda, Uttar Pradesh, comprising 50 MW each with a combined capacity of 100 MW. The investment is estimated at around Rs.6,000 million. As of December 2025, the projects are under development, with progress reviewed by the Uttar Pradesh Chief Minister on December 16.
Rs.2022 Million New Greenfield Transformer Plant in Sehore, Madhya Pradesh
Executive Summary: A new greenfield transformer manufacturing plant is planned at Jahangirpura in Sehore district, Madhya Pradesh, to meet rising domestic and global demand for high-performance power transformers. The modern facility will have a capacity of 45,000 MVA and involve an investment of about Rs. 2,022.5 million. Land allotment is complete, construction is scheduled during 2026, and environmental clearance is under review.
New Western Ghats Pumped Storage Hydropower Project in Maharashtra
Executive Summary: A renewable energy developer plans a major pumped-storage hydropower initiative across the Western Ghats in Maharashtra, featuring two large units: a 1,500 MW system with 9,480 MWh storage in the Raigad–Pune region, and another 1,500 MW system with 12,000 MWh storage in the Nashik–Thane region. As of December 2025, an MoU has been signed with the state government.
Rs.8064 Million New Battery Energy Storage System in Gujarat
Executive Summary: A renewable energy developer plans a large battery energy storage system in Gujarat, valued at Rs.8,064 million. The project will deliver a 200 MW/400 MWh storage capacity to support grid stability and renewable integration. As of December 2025, the company has signed a Battery Storage Purchase Agreement with the state utility for implementation.
Rs.10000 Million New Power Generation Units in West Bengal
Executive Summary: A renewable energy initiative is planned in West Bengal, featuring a solar cell manufacturing facility of 1–2 GW capacity and new solar power generation units. With a total estimated investment of Rs. 10,000 million, the project is progressing with confirmed funding. As of December 2025, suitable land parcels within industrial parks are being identified, with the final site yet to be finalized.
New Ultra-Supercritical Unit in Bihar
Executive Summary: A major power developer plans a new 800 MW ultra-supercritical unit at the Barauni Thermal Power Station in Begusarai, Bihar. The project aims to enhance regional power generation capacity with advanced, efficient technology. As of December 2025, preliminary project activities are underway.
Rs.4891 Million Floating Solar Photovoltaic Power Project in Mahisagar, Gujarat
Executive Summary: A state utility plans a floating solar power project at Kadana Dam in Gujarat, featuring 142 MW (DC) / 110 MW (AC) capacity, an underground 33 kV transmission line, and new 33/220 kV bays for power evacuation. With an estimated cost of Rs. 4,891.7 million, KPI Green Energy has secured the order as of December 2025.
Rs.1008 Million New Floating Solar Power Project in Koraput, Odisha
Executive Summary: A company plans a new floating solar power project in Koraput, Odisha, with an estimated investment of Rs. 1,008.3 million. As of December 2025, the project has received investment approval from the state-level clearance committee.