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Legal Madhya Pradesh Ministry of New and Renewable Energy Electricity Act, 2003

Government of Madhya Pradesh notifies Scheme for implementation of Pumped Hydro Storage Project in Madhya Pradesh

24-Feb-2025 | Sl. F-1-1-2015-sixty

Government of Madhya Pradesh notifies Scheme for implementation of Pumped Hydro Storage (PHS) Project in Madhya Pradesh Key Highlights of the scheme: 1. This scheme facilitates smooth and efficient integration of renewable energy into the grid, energy storage capacity would be required at a larger scale. 2. Aims at developing a holistic ecosystem to promote development of Pump storage projects in Madhya Pradesh. 3. This scheme shall remain in operation for a period of 10 years from 24 February 2025 or until a new scheme is notified by Government. 4. It is applicable on all PHS Projects at any stage of project development, viz., under construction, under identification, under Survey and Investigation. 5. It provides different mode for development of PHS Project and other conditions for developers. 6. It provides various incentives and benefits that could be availed by PHS project developer. It also states that benefit can be availed by those developers whose projects are registered under Madhya Pradesh Renewable Energy Policy, 2022. Please refer to the document attached for more information.

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