Ghanshyam Prasad highlights the role of pumped storage hydropower in India’s clean energy transition.

New Delhi, March 12, 2026: Ghanshyam Prasad, Chairperson of the Central Electricity Authority (CEA, on Thursday emphasized the crucial role of Pumped Storage Hydropower (PSP) in supporting India’s transition toward clean energy.

 He was addressing a gathering of experts at the CEA during the release of a report titled “Pumped Storage Hydropower in India: Drive, Initiatives, Market Growth and Challenges,” Prepared by the Indian Institute of Technology Roorkee.

Ghanshyam Prasad highlighted the growth in the renewable energy sector:

Ghanshyam Prasad stated that India is witnessing unprecedented growth in renewable energy capacity, which can only be sustained with the large-scale deployment of energy storage systems, particularly long-duration storage solutions.

 Highlighting the advantages of PSP, he noted that it is a proven long-duration energy storage technology in India, offering a high degree of indigenization and competitive costs for meeting peak electricity demand.

Ghanshyam Prasad also outlined several initiatives undertaken by the Government of India to accelerate the development of pumped storage projects across the country.

The CEA Chairperson congratulated the research team from IIT Roorkee, led by Arun Kumar, for preparing the comprehensive report.

 The study examines the current status of pumped storage hydropower development in India and globally, covering aspects such as technology, policy and regulatory frameworks, and business models.

It also offers recommendations to speed up PSP development in the country.

Experts appreciated CEA for releasing the report:

Speaking at the event, Prof. Arun Kumar thanked the CEA Chairperson for releasing the report and acknowledged the support extended by CEA officials during its review.

 He emphasized that India must further accelerate the development of PSP projects to decarbonize the power grid and stressed the importance of investing in research and development for indigenous PSP technologies.

The event was attended by senior officials of the Central Electricity Authority, industry leaders, central public sector undertakings (CPSUs), PSP developers, advisory firms, financial institutions, and technology providers, highlighting the growing importance of energy storage in India’s evolving energy landscape.

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EOM.