Why are pumped storage projects important in India?

Pumped storage projects are vital components of India’s renewable energy ecosystem. Offering operational lives exceeding 40 years and regulated returns, PSPs serve as critical infrastructure to support energy stability.

How NTPC is enhancing India's energy storage capabilities?

The company aims to commission 3 to 5 GW of these projects by the fiscal year 2031-32, marking a significant milestone in enhancing the country’s energy storage capabilities. NTPC’s hydro subsidiary, THDC India, has already made progress by constructing a 1,000 MW pumped storage project at Tehri in Uttarakhand.

What is a industrial park & how does it work?

The park aims to align industrial needs with regional policy by developing infrastructure such as high-voltage substations, advanced water treatment and desalination, and zero liquid discharge systems. Alongside this, a government-backed dedicated utility corridor transports vital commodities to the hub.

Could industrial parks be the backbone of a green energy transition?

As India advances its green hydrogen agenda, industrial parks like the one in Gopalpur could become the backbone of a more resilient and investment-ready energy transition – both across India and in many other emerging economies around the world.

Is NTPC India's largest integrated power utility?

As India’s largest integrated power utility, NTPC Ltd currently supplies about 25% of the country’s electricity demand through a diverse energy mix including thermal, solar, and wind. As of June 13, 2025, NTPC’s standalone commercial capacity stands at 60,266 MW, while the group’s total capacity, including subsidiaries, reaches 81,368 MW.

Will Gopalpur industrial park attract green energy investors?

Gopalpur Industrial Park, for example, is actively attracting green hydrogen and renewable energy investors. Its early commitments from solar and hydrogen companies show the potential for a wave of clean energy investment in industrial hubs.