In a landmark initiative aimed at bolstering India’s renewable energy infrastructure, the Adani Group has announced plans to invest ₹25,000-27,500 crore ($3 billion) in establishing its first pumped-storage hydropower (PSH) facilities across the country. This significant investment will see the development of state-of-the-art PSH projects in Maharashtra, Andhra Pradesh, Tamil Nadu, and Telangana, marking a major step forward in India’s pursuit of sustainable energy solutions.

Pumped-storage hydropower facilities are a critical component of renewable energy infrastructure, providing a reliable way to store energy generated from renewable sources like wind and solar. These facilities work by using surplus electricity to pump water to a higher elevation during periods of low demand. During peak demand, the stored water is released to generate electricity, thus ensuring a steady power supply. The Adani Group’s venture into PSH underscores its commitment to addressing the challenges of energy storage and grid stability, which are pivotal for the transition to a greener energy mix.

The strategic placement of these facilities in Maharashtra, Andhra Pradesh, Tamil Nadu, and Telangana is poised to deliver widespread benefits. Each region will see improvements in energy reliability and economic growth, with the creation of jobs and the stimulation of local economies. The Adani Group’s substantial investment in these projects highlights its leadership in the renewable energy sector and aligns with India’s broader goals of reducing carbon emissions and enhancing energy security. This initiative represents a significant stride towards a sustainable and resilient energy future for the nation.