NHPC to set up the PSP plant to generate 800 MW power

ADB to give Rs 2,275 crore loan to boost Tripura power sector

IH News Desk

AGARTALA, July 18, 2025: Tripura is set to establish a Pumped Storage Project (PSP) to generate more power marking the first such project in the North-East after the 900 MW pumped storage project at Bagmundi in Purulia. The National Hydro Power Corporation of India (NHPC) will set up the plant generating a total of 800 MW of power.

Tripura's Power Minister Ratan Lal Nath announced the project during the 29th North Eastern Region Power Committee meeting in Guwahati Friday. The NHPC will set up the plant, which will generate 800 MW of power, making it the first pumped power storage plant in the North-East after the 900 MW project at Bagmundi in Purulia.

The NHPC will integrate battery energy storage systems with renewable energy to ensure power availability during peak hours. The installation of storage batteries in Tripura to store solar energy for use during peak load periods is also being explored.

The Central Government has taken several landmark initiatives in the power sector, focusing on providing affordable electricity to all. The Asian Development Bank (ADB) is providing funding to address power sector challenges in the northeastern region by developing and expanding power generation, transmission and distribution systems.

The Tripura government has earlier signed an agreement worth Rs 2,275 crore with ADB to strengthen and improve power distribution efficiency in the region.

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