In a monumental advancement for India’s renewable energy infrastructure, THDC India Limited, a pioneering public sector undertaking, announced the successful commencement of the COD process for the second unit (250 MW) of the 1000 MW Variable Speed Pumped Storage Plant (PSP) at Tehri, Uttarakhand.
This development marks a significant advancement in India’s hydropower capabilities, as the Tehri Pumped Storage Plant is not only the country’s first variable speed pumped storage facility but also the largest of its kind implemented by any Central Public Sector Enterprise. With the first unit already operating successfully since June 2025, the commencement of the second unit’s COD process further reinforces THDCIL’s leadership in delivering technologically advanced and grid-responsive clean energy infrastructure.
The momentous event was graced by Shri Pankaj Agarwal (IAS), Secretary, Ministry of Power, Government of India, who officially commenced the operation of the second unit via virtual mode in the distinguished presence of Shri Akash Tripathy (IAS), Addl. Secretary, Ministry of Power; Shri Mohammad Afzal, Joint Secretary, Ministry of Power; Shri Gurdeep Singh, CMD, NTPC; Shri R. K. Vishnoi, CMD, THDCIL; Shri Shallinder Singh, Director (Personnel), THDCIL; Shri Bhupender Gupta, Director (Technical), THDCIL; and Shri Sipan Kumar Garg, Director (Finance), THDCIL.
THDC India Limited is a leading power sector and profit-making public sector enterprise and registered as a public limited company in July 1988 under the Companies Act, 1956. THDCIL was conferred ‘Mini Ratna–Category-I Status in Oct-09 and upgraded to Schedule ‘A’ PSU in July-10 by the Govt. of India.
Initially, the equity of the company was held in the ratio of 75:25 between the Government of India and the Government of Uttar Pradesh (GoUP). As a strategic disinvestment, a share purchase agreement was signed between NTPC Limited and the President of India on 25 March 2020, under which the stake of the Government of India was acquired. As a result, THDCIL became a subsidiary of NTPC Limited, with equity now held by NTPC Limited and the Government of Uttar Pradesh in the ratio of 74.496% and 25.504%, respectively.
