In a major stride toward strengthening India’s renewable energy infrastructure, THDC India Limited (THDCIL) signed a landmark Memorandum of Understanding (MoU) with the Government of Gujarat for the development of the 2,210 MW Anjan Kund Pumped Storage Project (PSP) in Dang district, Gujarat. The project entails a planned investment of approximately ₹13,200 Crores, marking a significant boost to India’s renewable energy and energy storage capacity.
The MoU was exchanged in the august presence of Hon’ble Chief Minister of Gujarat, Shri Bhupendrabhai Patel, during the Vibrant Gujarat Regional Conference held at Mehsana, Gujarat, on 9th October 2025.
The ceremony was graced by several distinguished dignitaries including Shri Pralhad Joshi, Hon’ble Union Minister of New and Renewable Energy, Consumer Affairs & Food and Public Distribution, Government of India; Shri Kanubhai Desai, Hon’ble Minister of Finance, Energy and Petrochemicals, Government of Gujarat; Shri Pankaj Joshi, IAS, Chief Secretary, Government of Gujarat; Shri Manoj Kumar Das, IAS, Additional Chief Secretary to Hon’ble Chief Minister, Government of Gujarat; Shri S. J. Haider, IAS, Additional Chief Secretary, Energy & Petrochemical Department, Government of Gujarat; Shri Gurdeep Singh, CMD, NTPC; Smt. Bhakti Shamal, Joint Secretary (Renewable Energy), Government of Gujarat, among other senior officials.
Shri R. K. Vishnoi, Chairman and Managing Director, THDCIL, expressed his gratitude and termed the MoU as a milestone achievement in advancing India’s energy transition. He stated that the Anjan Kund PSP will play a pivotal role in providing round-the-clock renewable power, enhancing grid stability, and supporting India’s vision of sustainable growth.
Shri Vishnoi also highlighted THDCIL’s proven expertise in the pumped storage sector, citing the successful implementation of India’s largest 1,000 MW Tehri PSP, developed by a Central Public Sector Enterprise (CPSE).
Under the MoU, the Government of Gujarat will extend all necessary State-level support, while THDCIL will lead the project’s development. The MoU was signed between Shri Ajay Prakash, IAS, Managing Director (GPCL) on behalf of the Government of Gujarat, and Shri Neeraj Verma, Executive Director (I/C, NCR) on behalf of THDC India Limited, in the presence of Shri A. K. Vijay Kumar, Special Officer, THDCIL (Former Special Commissioner, Govt. of Gujarat).
Also present were Shri M. K. Jain, GM (PSP-Solar); Shri S. K. Mittal, AGM (PSP-Solar); Shri Shiv Raj Chauhan, AGM (I/C, WPP) and other senior officers. THDCIL also showcased an interactive exhibition stall during the event, which drew significant attention from visitors and delegates.
THDC India Limited is a Schedule ‘A’ Mini Ratna Public Sector Undertaking (PSU) with its equity shared between NTPC Limited and the Government of Uttar Pradesh. The company continues to demonstrate leadership in renewable energy, hydropower, and energy storage solutions, contributing to India’s clean energy future.
