NHPC advances INR 17.23 billion EPC package for 640 MW ISP OSP Pumped Storage Project

NHPC is advancing the 640 MW ISP OSP Pumped Storage Project in Madhya Pradesh through a major EPC package valued at INR 17,232 million, supporting the expansion of India's grid-scale energy storage infrastructure.

NHPC Limited has officially issued an open tender valued at an estimated INR 17.23 billion for the design, engineering, procurement, and construction of a power house and associated works for the 640 MW ISP OSP Pumped Storage Project Package-I Civil Works in Madhya Pradesh, India.

NHPC Limited, formerly known as the National Hydroelectric Power Corporation, is a premier central public sector undertaking under the Ministry of Power, Government of India. Established in 1975, the company is India's largest hydropower development organization, possessing a robust portfolio of operating stations and projects under construction across the country.

This development is highly critical as India aggressively pursues its target of achieving 500 GW of non-fossil fuel energy capacity by 2030. Pumped storage projects act as giant water batteries, providing essential grid stability and energy storage to balance the intermittent nature of solar and wind power. By investing in this infrastructure, the region will benefit from improved grid reliability, clean peak-load power, and significant employment generation during the construction phase. For businesses, contractors, and investors in the engineering, procurement, and construction sector, this project offers a lucrative avenue to participate in India's clean energy transition, driving growth across heavy engineering, equipment manufacturing, and construction material supply chains.

This tender is published on Bidsinfo.com, and the full tender details are available on https://www.bidsinfo.com/ref/36414937/design-engineering-procurement-and-construction-of-power-house-and-associated-works-for-640-mw-isp-o