Page 41 - Policy & Economic Report - June 2025

POLICY AND ECONOMIC REPORT
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Key Policy developments/Significant news in Energy sector

June 2025 Union Minister Sh. Manohar Lal applauded THDC’s Commencement of COD of 1st Unit of India’s First
Variable Speed Pumped Storage Plant, Tehri PSP

THDC India Limited (THDCIL), announced the successful commencement of COD process of the 1st Unit
(250 MW) of the 1000 MW Variable Speed Pumped Storage Plant (PSP) at Tehri, Uttarakhand.

This landmark achievement marks a historic milestone in India’s renewable energy journey, establishing
the Tehri PSP as the largest Pumped Storage Plant by any Central Public Sector Enterprise (CPSE) and the
first Variable Speed PSP in the country.

The commencement was virtually graced by Shri Manohar Lal, Union Minister of Power, Housing and
Urban Affairs, Government of India.

Sh. Manohar Lal, Hon’ble Union Minister of Power, Housing and Urban Affairs, Government of India, while
addressing the gathering stated that the successful operation of 1st unit of India’s first Variable Speed
Pumped Storage Plant at Tehri is not just a technological achievement by THDCIL, but a bold stride towards
India’s energy self-reliance. The project will significantly strengthen our grid stability and support the
integration of renewable energy. Variable speed technology allows us to manage power flow with
precision, making our energy ecosystem smarter and more flexible.

Union Minister congratulated the entire THDCIL team, implementing partners, and every individual who
contributed directly or indirectly to this historic success.

Shri Pankaj Agarwal, Secretary, Ministry of Power, lauded the commissioning milestone, stating that the
Variable Speed Pumped Storage Plant at Tehri is a path-breaking development that significantly
strengthens our Grid flexibility. It plays a pivotal role in our mission to integrate increasing amounts of
renewable energy and transition towards a cleaner, more reliable energy ecosystem.”

Shri Gurdeep Singh, CMD, NTPC, extended his congratulations, saying that this milestone reflects the high-
end engineering capabilities of Indian PSUs in the hydropower sector. It sets a powerful precedent for
future PSP developments across the nation.

Shri R.K. Vishnoi, CMD, THDCIL, conveyed his heartfelt congratulations on this significant achievement
and stated that once fully operational, this Project will elevate the Tehri Hydro Power Complex’s capacity
to 2,400 MW, making it India’s largest Hydropower Complex. This project will be instrumental in
converting off-peak surplus energy into peaking power, enhancing grid resilience and supporting round-
the-clock power availability.

Designed to provide flexible peaking power and critical grid balancing support, the Tehri Variable Speed
PSP represents a significant leap forward in India’s ability to manage intermittent renewable energy. This
commissioning milestone reaffirms THDCIL’s leadership in State-of-the-Art Hydropower solutions and
bolsters India’s clean energy credentials on the global stage. The power electronics and controls, along

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