India at the Crossroads of Energy Storage

Pumped Hydro Storage - 2026


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Greenko is one of India’s leading Renewable Energy companies, replacing fossil fuels with integrated decarbonized energy and grid assets enabling sustainable and affordable energy, with a net installed capacity of 11 GW across 20 States in India.

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India at the Crossroads of Energy Storage

India’s clean energy transition has entered a defining decade. With renewable capacity expanding at an unprecedented pace and electricity demand rising steadily across industrial, urban and rural sectors, the challenge before the power sector is no longer limited to adding megawatts — it is about ensuring reliability, resilience and round-the-clock availability of clean power. As the country advances toward 500 GW of non-fossil fuel capacity by 2030 and Net Zero by 2070, the architecture of the grid must fundamentally evolve.

Variable renewable energy — primarily solar and wind — now forms the backbone of new capacity additions. However, their intermittent nature demands robust, scalable and long-duration storage solutions capable of balancing daily peaks, seasonal variability, and sudden demand fluctuations. Grid flexibility is emerging as the single most critical pillar of India’s next phase of energy transition.

In this context, Pumped Hydro Storage (PHS) stands out as a strategic infrastructure asset — not merely a storage technology, but a cornerstone for grid stability. With its proven ability to deliver bulk energy storage, rapid ramping, grid inertia and multi-decade operational life, pumped hydro provides the scale and reliability required to anchor India’s renewable expansion. Unlike short-duration storage solutions, PSPs enable sustained balancing power that is essential for a deeply decarbonized power system.

India today stands at an inflection point. Policy clarity has improved, investor interest has surged, and states are actively allocating projects at scale. The coming five years will determine whether pumped hydro can transition from potential to accelerated deployment.

With all in above in mind and Mission Energy Foundation's expertise of 18+ years being forefront of driving knowledge dissemination in the energy sector, organizing impactful platforms across a variety of subjects takes priviledge to announce its next initiatives to consistently bring together a diverse and influential group of stakeholders, ranging from entrepreneurs and academicians to government authorities, technology providers, consultants, and industry professionals at the 2nd Edition of exclusive peer-to-peer conference Pumped Hydro Storage - 2026

Pumped Hydro STORAGE -2026 shall focus to discuss the key developments, opportunities, experiences, challenges and future prospectsin India’s pumped storage market. This conference will serve as a platform for policymakers, regulators, renewable energy developers, manufacturers and technology providers, EPC contractors, O&M service providers, financiers and consultants to share their insights and experiences in this emerging segment.

Pumped Hydro Storage 2026 is scheduled on 11 - 12 June 2026, Scope Convention Centre - New Delhi. This conference aims to bring together thought leaders, industry experts, policymakers, and stakeholders to drive discussions on the crucial role of pumped hydro storage in advancing grid level energy storage in the most environmentally sustainable manner. Those interested in developing and operating pumped hydro storage plants will get access to information on the various financial schemes, regulations, policies, successful project development, optimization, and overcoming challenges of pumped hydro storage.

India’s Energy Transition: Pumped Hydro at the Core of Grid Stability

India is rapidly advancing on its clean energy transition pathway, guided by its enhanced Nationally Determined Contributions (NDCs) and long-term climate commitments. The country has pledged to:

✔ Reduce emission intensity of GDP by 45% by 2030 (from 2005 levels)
✔ Achieve 50% cumulative installed power capacity from non-fossil sources by 2030
✔ Reach 500 GW of non-fossil fuel-based capacity by 2030
✔ Achieve Net Zero emissions by 2070

India has already crossed major renewable milestones, with solar and wind capacity expanding at record pace. However, as renewable penetration deepens, the challenge is no longer just capacity addition — it is reliability, flexibility, and grid balancing.

This is where Pumped Hydro Storage (PHS) emerges as a strategic necessity rather than an optional infrastructure.

Why Pumped Hydro — Why Now?

As India integrates higher shares of variable renewable energy (VRE), the power system requires:
✔ Long-duration storage (6–10+ hours)
✔ Grid inertia and frequency stability
✔ Peaking power support
✔ Black start capability
✔ Rapid ramping flexibility
✔ Seasonal balancing potential

While Battery Energy Storage Systems (BESS) are scaling rapidly for short-duration applications (2–4 hours), Pumped Storage Projects (PSPs) provide:

✔ Bulk, long-duration storage
✔ 40–60+ year asset life
✔ Proven large-scale reliability
✔ Lowest lifecycle cost per MWh stored
✔ Grid-scale inertia and voltage support

PSPs are uniquely positioned to support India’s ambition of round-the-clock renewable power, green hydrogen production, and deep industrial decarbonization.

One Year of Acceleration: From Policy to Pipeline

PSPs are uniquely positioned to support India’s ambition of round-the-clock renewable power, green hydrogen production, and deep industrial decarbonization.

Over the past year, India’s pumped hydro ecosystem has moved decisively from policy intent to project momentum.

✔ Policy & Regulatory Momentum
✔ The Government of India has strengthened the enabling framework through:
✔ Finalization of Guidelines to Promote Pumped Storage Projects
✔ Recognition of PSPs under renewable-linked frameworks
✔ Waiver of Inter-State Transmission System (ISTS) charges
✔ Notification of Energy Storage Obligations (ESO)
✔ Proposal of Viability Gap Funding (VGF) support
✔ Faster DPR processing by Central Electricity Authority (CEA)
✔ Streamlining environmental appraisal pathways by MoEFCC

The intent is clear: create a bankable ecosystem for large-scale PSP deployment.

India’s PSP Potential & Emerging Reality

India has an estimated 181.5 GW technical potential for pumped storage capacity — both on-river and off-river. As per latest planning projections:

✔ CEA has projected a requirement of approximately 26–30 GW of PSP capacity by 2032
✔ States have allocated over 50+ GW across 35–40 projects targeted for commissioning by 2032
✔ Dozens of additional projects are in Survey & Investigation (S&I) stages
✔ Environmental authorities are processing a large volume of Terms of Reference (ToR) applications, reflecting unprecedented investor interest
✔ Private sector participation has dramatically increased, with major IPPs, renewable developers, and infrastructure funds entering the segment.

The narrative has shifted from:
“Is pumped hydro viable?” to “How fast can India scale pumped hydro?”

Strategic Importance in India’s Power System

Pumped Hydro Storage is no longer viewed only as an energy storage technology — it is now recognized as:
✔ A grid reliability asset
✔ A renewable integration enabler
✔ A capacity firming tool
✔ A peak demand stabilizer
✔ A strategic energy security instrument

As India’s peak demand continues to rise beyond 250 GW and renewable curtailment risks increase, PSPs provide the flexibility required to maintain system stability without fossil backup.

The Next Frontier: Innovation & Integration

The future of Pumped Hydro in India is not limited to conventional dam-based systems. Emerging trends include:

✔ Closed-loop off-river PSPs
✔ Hybridization with solar and wind parks
✔ Floating solar integration with reservoirs
✔ Underground and modular PSP concepts
✔ AI-driven reservoir optimization & dispatch modelling
✔ Integration with green hydrogen production hubs
✔ Merchant storage participation in emerging power markets

The coming decade will witness a transition from isolated PSP projects to integrated energy storage corridors aligned with renewable energy zones.

Challenges That Must Be Addressed

Despite strong momentum, the sector must address:
✔ Complex multi-agency approvals
✔ Environmental clearance timelines
✔ Land acquisition and rehabilitation concerns
✔ Geological and hydrological uncertainties
✔ Financing models and tariff discovery mechanisms
✔ Long gestation periods compared to BESS

To unlock India’s full 181+ GW potential, stakeholder alignment across Centre, States, regulators, developers, financiers, OEMs, and local communities will be critical.

The Strategic Imperative

India’s energy transition is entering its most complex phase — moving from capacity addition to system optimization.

✔ Pumped Hydro Storage will determine:
✔ How reliably India integrates 500 GW of non-fossil energy
✔ How effectively it manages peak demand growth
✔ How economically it avoids fossil peaking plants
✔ How resilient its power system remains in a climate-stressed future
✔ The question is no longer whether India needs pumped hydro.

The question is:
Can India scale pumped hydro fast enough to meet its 2030 and 2040 ambitions?

India’s PSP Potential & Emerging Reality

India has an estimated 181.5 GW technical potential for pumped storage capacity — both on-river and off-river. As per latest planning projections:

✔ CEA has projected a requirement of approximately 26–30 GW of PSP capacity by 2032
✔ States have allocated over 50+ GW across 35–40 projects targeted for commissioning by 2032
✔ Dozens of additional projects are in Survey & Investigation (S&I) stages
✔ Environmental authorities are processing a large volume of Terms of Reference (ToR) applications, reflecting unprecedented investor interest
✔ Private sector participation has dramatically increased, with major IPPs, renewable developers, and infrastructure funds entering the segment.

The narrative has shifted from:
“Is pumped hydro viable?” to “How fast can India scale pumped hydro?”

Strategic Importance in India’s Power System

Pumped Hydro Storage is no longer viewed only as an energy storage technology — it is now recognized as:

✔ A grid reliability asset
✔ A renewable integration enabler
✔ A capacity firming tool
✔ A peak demand stabilizer
✔ A strategic energy security instrument

As India’s peak demand continues to rise beyond 250 GW and renewable curtailment risks increase, PSPs provide the flexibility required to maintain system stability without fossil backup.

With all in above in mind and Mission Energy Foundation's expertise of 18+ years being forefront of driving knowledge dissemination in the energy sector, organizing impactful platforms across a variety of subjects takes privilege to announce its next initiatives to consistently bring together a diverse and influential group of stakeholders, ranging from entrepreneurs and academicians to government authorities, technology providers, consultants, and industry professionals at the 2nd Edition of exclusive peer-to-peer conference Pumped Hydro Storage - 2026

Pumped Hydro Storage -2026 shall focus to discuss the key developments, opportunities, experiences, challenges and future prospects in India’s pumped storage market. This conference will serve as a platform for policymakers, regulators, renewable energy developers, manufacturers and technology providers, EPC contractors, O&M service providers, financiers and consultants to share their insights and experiences in this emerging segment. 

Pumped Hydro Storage 2026 is scheduled on 11 - 12 June 2026, Scope Convention Centre - New Delhi. This conference aims to bring together thought leaders, industry experts, policymakers, and stakeholders to drive discussions on the crucial role of pumped hydro storage in advancing grid level energy storage in the most environmentally sustainable manner. Those interested in developing and operating pumped hydro storage plants will get access to information on the various financial schemes, regulations, policies, successful project development, optimization, and overcoming challenges of pumped hydro storage.

Agenda Focus

✔ Scaling Pumped Hydro from project allocation to on-ground execution
✔ Policy and regulatory clarity for long-term investor confidence
✔ Financing models, tariff structures and bankability frameworks
✔ Environmental clearances and approval process acceleration
✔ Hybrid models: PSP integrated with solar, wind and RTC tenders
✔ Revenue stacking opportunities beyond energy arbitrage
✔ State-level development strategies and transmission readiness
✔ Technology advancements in turbines, design optimization and digitalization
✔ Risk allocation, contract structuring and geological mitigation
✔ PSP vs BESS: defining India’s optimal storage mix
✔ EPC readiness, supply chain capacity and construction challenges
✔ Roadmap to 30 GW by 2032 and 100+ GW in the long term

Expert Advisory Committee

Chairperson

Aditya K Dinkar

Secretary
Central Board Of Irrigation & Power

A K Saxena

CEO
Sr. Fellow & Sr. Director Electricity and RE Div
The Energy and Resources Institute

Expert Advisory Committee MEMBERS

Bhupender Gupta

CMD
NHPC Limited

K K Singh

Director WR
Central Board of Irrigation & Power

Manoj Kumar Upadhyay

Deputy Adviser (Energy)
NITI Aayog

Abhay Harne

Director Projects
MAHAGENCO

Gautam Saha

President & Business Head Pump Storage
Hinduja Renewables Energy

Anil Dhar

Head & AVP Pumped Storage Projects
Jindal Renewable Power

Manoj Srivastava

Associate Vice President
AM Green Energy

Subrahmanyam Pesala

AVP & Head Hydro PSP
ReNew Power

Kumar Pritam

Chief Hydro
Tata Power Limited

Naresh Telgu

COO PSP & Hydro
Adani Green Energy Limited

Praveen Nanda

Executive Vice President
Greenko Group

Janardan Choudhary

Advisor - PSP & Hydro
Adani Green Energy Limited

Arindam Ghosh

Head of Sales & Services - Hydro Business India & SA
GE Renewable Energy

Bhuvan Vikram Singh

AVP Sales & Marketing
Voith Hydro

Sandeep Shrivastav

SVP - Mktg & BD
Andritz Hydro

Abhijeet Patil

Head Special Projects
Tata Power Limited

Mayur Bajaj

Founder & CEO
Splash Power

Harbans Lal Arora

Independent Consultant

Thursday, 11 June 2026 

08:30 - 09:20  |  Registration & Welcome Tea
09:20 - 09:30  |  Organiser Welcome Address

09:30 - 11:00 | The Strategic Imperative: India’s Energy Transition & the Role of Long-Duration Storage
Session Coverage: ✔ 500 GW non-fossil vision & grid flexibility needs ✔ Peak demand growth and renewable curtailment risks ✔ Why pumped hydro is central to grid reliability

Subhrajit Datta Ray, Partner - PricewaterhouseCoopers Private Limited

11:00 – 11:30 | Networking Tea Break

11:30 – 13:00 | Policy & Regulatory Roadmap: Creating a Bankable Ecosystem for PSPs
Session Coverage: ✔ Energy Storage Obligations (ESO) ✔ ISTS waiver & incentives ✔ Renewable classification & market participation ✔ Central vs State coordination

Chittatosh Bhattacharya, Director & Head of Institute (Shivpuri) - NPTI

13:00 – 14:00 | Networking Lunch Break

14:00 – 16:00 | From Allocation to Execution: Fast-Tracking Approvals & Clearances
Session Coverage: ✔ DPR process & CEA role ✔ Environmental clearance timelines ✔ Land acquisition & R&R ✔ Inter-agency coordination

16:00 – 16:30 | Networking Tea Break

16:30 – 18:00 | Financing & Revenue Models: Making PSPs Financially Viable
Session Coverage: ✔ Tariff discovery mechanisms ✔ Capacity vs energy payments ✔ Merchant storage opportunities ✔ Blended finance & VGF ✔ Risk allocation models

18:00 | End of Day One

Friday, 12 June 2026 

09:30 - 10:00  |  Registration & Welcome Tea

10:00 - 11:00 | Hybridization & Market Integration
Session Coverage: ✔ RTC renewable structuring ✔ Curtailment reduction ✔ Ancillary services markets ✔ Revenue stacking strategies

JIban Chandra Kakoti, Ex GM (Hydro & PSP Engineering) – NTPC Limited

11:00 – 11:30 | Networking Tea Break

11:30 – 13:00 | Technology & Engineering Excellence: Designing Next-Generation PSPs
Session Coverage: ✔ Closed-loop & off-river models ✔ Underground and modular concepts ✔ Advanced turbine technologies ✔ Digital twin & AI-based reservoir optimization

13:00 – 14:00 | Networking Lunch Break

14:00 – 16:00 | EPC, Supply Chain & Risk Management: Delivering at Scale
Session Coverage: ✔ Geological challenges ✔ Cost control & schedule risk ✔ Domestic manufacturing capability ✔ Workforce readiness

Dr. Sanjay Rana, Managing Director - Parsan Overseas
Sanjay Kher, Director - Kher Renewables

16:00 – 16:30 | Networking Tea Break

16:30 – 18:00 | The Roadmap to 2032 & Beyond: Scaling to 30 GW by 2032 and 100+ GW Long-Term
Session Coverage: ✔ Priority reforms required ✔ Institutional mechanisms ✔ Public-private partnership models ✔ What must happen in next 3–5 years

18:00 | Vote of Thanks & End of Conference

- the AUDIENCE -

Pumped Hydro STORAGE - 2026 is expected to draw participation from executives, managers and decision-makers from:

Central Public Units

State Public Units

Central Govt. Agencies

State Govt. Agencies

Policy Makers

Regulatory Boards

Technology Providers

Interstate Hydro Projects

Hydro Power Producers

Consultants

Legal Firms

State Electricity Boards 

Financial Institutions 

Civil Work Contractors 

And Many More...

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Sponsoring Pumped Hydro Storage - 2026 will make your company stand out as a leader in this burgeoning industry and will leave a strong impression of your brand in key decision makers minds. Sponsors have an incredible amount of presence and it will not only give your company optimum exposure but also the opportunity for delegates to meet you and your executives to find out more about your role and business opportunities in the sector.

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SUPPORTING sponsor

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2 Delegate Passes - Logo on Brochure Cover Page - Logo on Conference Backdrop - Logo on Conference Website - Circulation of Company Literature  - Thanking Announcements

ASSOCIATE sponsor

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DOCUMENT sponsor

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Sponsorship Enquiries

Shehzad Khwaja
Sr Manager Sponsorship
sponsorship@missionenergy.org
+91 97693 10944

CALL FOR SPEAKERS OPEN

If you are interested in speaking at the 2026 conference we are inviting you to put forward your presentation proposal for review by our international conference advisory board. Please note that not all submissions can be accepted but all will be considered ahead of the final submission deadline.

We encourage proposals from speakers with deep technical and practical expertise in all aspects of Pumped Hydro Storage

Deadline For Paper Submission Friday, 15 April 2026

- CALL FOR SPEAKERS SUBMISSION PROCESS -

Proposals must be submitted by online speaker registrartion mode. If selected to speak, all presenters will be required to submit a presentation in PowerPoint format at least 2 weeks in advance of the conference to ensure guidelines are met.

If you have any questions, please contact

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+91 98208 14644

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The Organisation
Mission Energy Foundation is a persistent, private, not-for-profit endeavour based in Mumbai, India. We are registered under sec 25 (1), 80G & 12AA respectively.

The Begining

A single man army with its mission to build platforms of discussion, exchange knowledge among industry professionals on core issues pertaining to growing energy sector.

GOAL

Mission Energy Foundation is a micro-enterprise initiative that strives to spread knowledge in the globalising energy sector. We educate and spread technology awareness through ongoing contacts and discussions with the public and industry concerning what the future of the growing energy sector should be...

Today
A human asset working together as one endeavour that expertise in organising and delivering successful international summits involving who's who from Entrepreneurs to Academicians to Government Authorities to Technology Providers to Consultants to Industry Professionals from the growing energy sector globally.

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Pragati Vihar
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