L&T wins ₹2,500 Cr pumped storage deal

1. L&T bags big power storage deal ⚡

L&T has won a ₹1,000–2,500 crore order from JSW Energy to build a pumped storage power project in Maharashtra.

The deets: L&T’s Heavy Civil Infrastructure arm will fully execute the Bhavali Pumped Storage Project (PSP) across Nashik and Thane districts. The project will have a 1,500 MW installed capacity, made up of several smaller generating units.

1,500 MW can generate enough electricity to power about 1.5 crore LED bulbs at the same time or supply electricity to roughly 10 lakh homes on a typical day.

The company will handle the full civil works building approach roads, upper and lower reservoirs, tunnels, and an underground powerhouse to store and generate power on demand.

Why it matters: pumped storage projects like Bhavali PSP act like giant rechargeable batteries for the power grid. As India adds more solar and wind energy, which depend on weather, PSPs help store excess energy and release it when needed, keeping the grid stable and reliable.