Key Policy Highlights

Andhra Pradesh Pumped Storage Power Promotion Policy - 2022​

Andhra Pradesh is in forefront in the country in identifying potential Pumped Storage Power sites of 33,240 MW capacity near to the existing reservoirs and of-river locations for promotion of Pumped Storage Hydro Power Projects. Keeping in view the huge potential and to encourage, develop and promote PSP projects by developers, the State has issued “Andhra Pradesh Pumped Storage Hydro Power Projects Policy 2022.​ ​

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    The Objectives of the Policy are :​

  • To harness the potential of 33 GW PSP capacity available in the State​
  • To support in meeting Renewable Purchase Obligation targets set by Central government for balancing/ peak requirement of power at National and State levels.​
  • To facilitate development of Pumped Storage Hydro Power Projects (PSP) within the state.​
  • To attract private investments, generate revenue to State Government, generate employment and improve State economy.​
  • To facilitate private investments for developing PSP projects in fast-track mode.​
  • To procure power from Pumped Storage projects plants by the DISCOMs, if required, to meet HPO, ESO etc.​