SECI awards 1,344 MW of pumped-storage capacity in competitive auction

Solar Energy Corporation of India awarded 1,344 MW of pumped-storage capacity to Greenko, Tata Power and Torrent through a competitive auction. Pumped storage is becoming more important in India’s resource mix because it can shift surplus renewable generation and provide multi-hour flexibility. For solar market participants, the award is a capacity-backed signal that India is building the storage layer needed for deeper renewable penetration.