Govt looks to add 13 GW hydro pumped storage projects annually from FY29 to meet 50 GW target

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India aims to significantly boost its hydro pumped storage capacity, targeting 50 GW by 2032. The Central Electricity Authority anticipates annual additions to surge, reaching 10-13 GW by FY29, a substantial increase from the current 3 GW. This expansion will stabilize the grid and facilitate clean energy storage, building upon the existing 4.7 GW capacity.