The 900-Mw Purulia Pumped Storage Project (PSPP), the biggest project of its kind in India, is set to mitigate the peak power deficit in the country by utilising the low-cost excess power available during periods of low demand.
It will also boost the industrial drive of Purulia district, which is poised to witness operations of many steel projects in the coming years.
"The project will script the transformation of Purulia district of West Bengal where Adhunik Group, Balaji Group and Shyam Steel have proposed to set up steel plants. The mega project will also illuminate villages in the district," Chief Minister Buddhadeb Bhattacharjee said, while dedicating the PSPP, the fourth biggest pumped storage project in the world, to the nation.
The Rs 2,953-crore (Rs 29.53 billion) project of West Bengal State Electricity Distribution Company Ltd (WBSEDCL), located in Ajodhya Hills in Bagmundi village of Purulia district, is being funded as a loan assistance from the Japan Bank for International Cooperation (JBIC). The project comprises four units, each of 225 Mw and all of them have already been