Government to float tender for gravity storage; foreign firms keen on prospects


Government to float tender for gravity storage; foreign firms keen on prospects

The Ministry of New and Renewable Energy (MNRE) is planning to float a tender inviting companies to set up gravity storage plants in India, a senior ministry official told ETEnergyworld.

A traditional gravity-storage technology for energy storage involves storing potential energy by lifting a large mass of concrete using hydraulic pressure. Electricity is generated by dropping the mass which pushes a large volume of water through a turbine enabling it to rotate.

Earlier this month, MNRE published a notification on its website inviting preliminary project proposals on gravity storage. The notification was later withdrawn from the website. The official said the earlier notification was aimed at inviting research and development proposals.

“Since it is a well-established technology and there is no need for much research and development Read More

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