Madhya Pradesh Invites ₹40.6 Crore Consultancy Bids for Pumped-Storage Projects

Madhya Pradesh Power Generating Company Limited (MPPGCL) has invited bids for consultancy services valued at approximately ₹40.6 crore to advance the development of pumped-storage hydropower projects across the state.

The proposed assignment involves conducting pre-feasibility studies and preparing Detailed Project Reports (DPRs) to assess the technical and economic viability of potential pumped-storage installations.

The consultancy exercise represents an important preparatory stage in identifying suitable sites and developing a pipeline of projects capable of supporting grid stability and renewable energy integration.

According to the tender, interested consultancy firms must submit their bids by 27 October 2026, with bid opening scheduled for 30 October 2026.

The tender carries an earnest money deposit of ₹40.6 lakh and has been issued under reference number 2025_MPPGC_468118_1.

The ₹40.6 crore estimate relates exclusively to consultancy services, while the overall investment requirements and generation capacities of the proposed pumped-storage projects remain undetermined.