Business Economy


OHPC signs agreement with WAPCOS for management consultancy services of 600 MW UIPSP

Bhubaneswar, June 6 (UNI) Odisha Hydro Power Corporation Ltd (OHPC) and WAPCOS Ltd on Friday signed an agreement for project management consultancy services for the 600 MW Upper Indravati Pumped Storage Project (UIPSP) at Mukhiguda.
The Detailed Project Report for the UIPSP has been prepared by WAPCOS.
Essentially, it is a large Energy Storage System that pumps water from the lower to the upper reservoir during periods of surplus power availability in the grid. This water is then released to generate electricity during peak power demand.
OHPC is constructing a 600 MW Pumped Storage Project near its existing 600 MW Upper Indravati Hydro Electric Project.
“This collaboration marks a crucial step in advancing Odisha’s energy sector while ensuring efficiency and sustainability,” said Deputy Chief Minister K V Singh Deo,who also holds the energy portfolio.
He further stated that the proposed PSP will have an underground powerhouse located near the lower reservoir, equipped with four vertical-axis reversible-type Francis hydroelectric units, each with a capacity of 150 MW (i.e., 4 x 150 = 600 MW).
The system will operate in both pumping and generating modes at different times of the day by circulating water between the two reservoirs.
Senior officials from the Water Resources Department, Energy Department, OHPC, and WAPCOS were present on the occasion.
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