Larsen & Toubro wins order from Greenko group

Image
Capital Market
Last Updated : Nov 24 2022 | 1:31 PM IST

To develop Gandhisagar Pumped Storage Project

The Heavy Civil Infrastructure Business of Larsen & Toubro has secured an order from the prestigious Greenko group, one of the world's leading renewable energy companies, for development of an off stream pumped storage project in Madhya Pradesh.

The Civil and Hydromechanical works of the project will be executed through a Consortium led by Larsen & Toubro, under a stringent timeline of 30 months. Upon completion, the project will be one of the largest clean energy projects of its kind in India.

The Gandhisagar Pumped Storage Project (PSP), designed to meet a pumped storage capacity of 10,080 MWHr, envisages creation of an upper reservoir near Khemla block village, (about 75 Kms from Neemuch, Madhya Pradesh) while the existing Gandhisagar reservoir will be the lower reservoir. The project involves constructing an Upper Dam (to form the upper reservoir), Intake Structure with Approach Channel, Steel Lined Buried Penstock/Pressure Shaft (Vertical & Horizontal), Surface Powerhouse, Draft tube tunnel, Tailrace Outlet Structure, Tailrace channel, etc.

Pumped hydro storage plants that store energy using a system of two interconnected reservoirs have assumed immense significance today given the increased adoption of inherent variability. Water is pumped to the upper reservoir in times of surplus energy and, in times of excess demand, water from the upper reservoir is released, generating power, with an overall cycle efficiency of 80% or more.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 24 2022 | 1:07 PM IST

Next Story