MEIL Signs MoU with Maharashtra Govt for Kamod and Ghosla Pumped Storage Projects
These projects will involve an estimated investment of Rs21,100 crore and are expected to generate employment for approximately 2,500 people
Hyderabad: Megha Engineering & Infrastructures Limited (MEIL) has signed a Memorandum of Understanding (MoU) with the Department of Water Resources, Government of Maharashtra, to develop two prominent Pumped Storage Projects with a total capacity of 4000 MW, the Kamod Pumped Storage Project in Nandurbar District and the Ghosla Pumped Storage Project in Chhatrapati Sambhajinagar District in Maharashtra. It is noteworthy that MEIL is executing its first pumped storage hydro projects under the 'Build-Operate-Maintain (BOM)' method.
These two projects will involve an estimated investment of Rs21,100 crore and are expected to generate employment for approximately 2,500 people. MEIL plans to complete the Ghosla Project within three and a half years, while the Kamod Project is expected to be completed in five years.
The two projects are off-stream in nature and the projects are planned to provide a minimum of 6 hours of energy storage on a daily basis. The pumped storage projects will have newly constructed reservoirs, that is, upper and lower reservoirs (closed loop system) utilising the head for the generation of power.
A powerhouse equipped with reversible pump turbines, generators, and other ancillary systems will be installed between the two reservoirs, interconnected through a water conductor system. The reversible turbines will pump water during non-peak hours and generate power during peak demand. Water for the projects will be drawn from existing reservoirs or dams for initial filling and replenished annually to compensate for losses due to evaporation and seepage.
Pumped Storage Projects are recognized for their cost-effective energy storage, grid management, frequency regulation, and integration with renewable energy sources.
The MoU signing event was attended by Maharashtra Deputy Chief Minister Devendra Fadnavis and Deepak Kapoor, Additional Chief Secretary of the Water Resources Department, representing the Maharashtra state government. Megha Engineering & Infrastructures Limited (MEIL) was represented by company President RVR Kishore, along with Girish, Ravi Kiran, and Sameer Jha.
On this MoU Ceremony between MEIL and Govt. of Maharashtra, MEIL President RVR Kishore said, "These projects will not only address Maharashtra's energy needs but also drive the state's development. We are proud to contribute to national progress by supplying power through the grid across India."