L&T to Build 1500 MW Pumped Storage Project for JSW Energy in Maharashtra


L&T to Build 1500 MW Pumped Storage Project for JSW Energy in Maharashtra
  • L&T wins Rs 1,000 - 2,000 crore order from JSW Energy for Bhavali PSP.
  • Project to generate 1500 MW across Nashik and Thane districts.
  • Scope includes reservoirs, tunnels, and underground powerhouse.
The Heavy Civil Infrastructure (HCI) business vertical of Larsen & Toubro (L&T) has secured a significant order from JSW Energy for the execution of the Bhavali Pumped Storage Project (PSP) in Maharashtra. Classified as a significant order, the project value ranges between Rs 1,000 crore and Rs 2,000 crore.
Located across the Nashik and Thane districts, the Bhavali PSP is designed with a total installed capacity of 1500 MW, comprising multiple small generation units. The scope of work includes the complete execution of all civil components such as construction of access roads, upper and lower reservoirs, a comprehensive water conductor system, pressure tunnels, and an underground powerhouse.
L&T, in its exchange filing, stated, “The order reaffirms L&T’s proven capabilities in delivering complex hydroelectric infrastructure and reinforces its position as a key enabler in India’s quest for renewable energy”. The company also highlighted the importance of pumped storage projects in ensuring grid stability, especially amid the growing reliance on variable renewable energy sources.
This strategic project marks another milestone in L&T’s commitment to driving sustainable energy infrastructure and contributing to India’s long-term energy security goals.