CEA Guidelines for Formulation of Detailed Project Reports for Pumped Storage Schemes July 2024

REQUIREMENT FOR COCURRENCE OF PUMPED STORAGE SCHEMES

1.1 Provisions under the Electricity Act, 2003

1.1.1 As per Section 8(1) of the Electricity Act, 2003, any generating company intending to set up a hydro generating station shall prepare and submit to the Authority for its concurrence, a scheme estimated to involve a capital expenditure exceeding such sum, as may be fixed by the Central Government, from time to time, by notification.