Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
The project aims to enhance grid stability and reduce reliance on coal-fired generation during evening peak hours as the share of renewable energy increases in Maharashtra. It also addresses public concerns by denying reports of tree felling within the Bhimashankar Sanctuary.
The company in a statement said the project, which will supply power to Maharashtra, would support grid stability as the share of solar and other renewable energy rises, while reducing reliance on coal-fired generation during evening peak hours. It also rejected reports of tree felling inside the sanctuary, describing them as based on incorrect information.
Pumped storage projects function as large-scale batteries that store energy during low-demand periods and release it during peak times, which is critical for balancing grids with high shares of intermittent renewable sources like solar. Environmental clearances and land use are common points of contention for such infrastructure developments in protected areas.