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Tata Power Wins SECI Award for 324 MW from Bhivpuri Pumped Hydro Project

Tata Power has secured a Letter of Award from SECI for supplying 324 MW from its 1,000 MW Bhivpuri pumped hydro storage project in Maharashtra, backed by a 40-year power purchase agreement and scheduled for commissioning by 2029.

This article was drafted with AI assistance from multiple sources and was reviewed and approved by a human editor before publication.

Tata Power has received a Letter of Award (LoA) from the Solar Energy Corporation of India (SECI) for supplying 324 megawatts (MW) from its pumped hydro storage project in Maharashtra, the company announced on July 20, 2026.

The award covers a portion of the 1,000 MW Bhivpuri Pumped Hydro Storage Project (PSP) located in the Raigad district. The company secured the contract through an e-reverse auction conducted under SECI's tariff-based global competitive bidding process, which sought 1,500 MW and 12,000 MWh of storage capacity from pumped hydro projects.

Tata Power will develop the project on a Build, Own, Operate (BOO) basis and has signed a 40-year Pumped Storage Purchase Agreement (PSPA) to back the supply. The facility is expected to begin commercial operations by 2029 and will provide eight hours of energy storage. It will connect to the 765/400 kV South Kalamb substation of the Central Transmission Utility via the Inter-State Transmission System (ISTS).

In addition to Bhivpuri, Tata Power is developing the 1,800 MW Shirwata PSP in the Western Ghats, giving the company a total pumped storage pipeline of 2,800 MW. The company's clean and green energy portfolio, including projects under development, amounts to 17.5 GW, of which 2.8 GW is pumped storage capacity.

Sources

  1. Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com – Tata Power bags SECI award for 324 MW from Maharashtra pumped storage project