India Pumped Hydro Storage Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

India Pumped Hydro Storage Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The India pumped hydro storage market is expected to grow at a CAGR of around 10.1% during 2025-2034. This report on India pumped hydro storage market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the India pumped hydro storage market by segmenting the market based on system, sources, and region. Also, detailed profiles of companies operating in the pumped hydro storage market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Launch of Numerous Schemes by the Indian Government
• The Government of India is Providing Budgetary Support

Market Challenges

• High Initial Investments

Historical & Forecast Period

Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034

Market by System

• Open Loop
• Closed Loop
• Innovative

Market by Sources

• Natural Reservoirs
• Man-Made Reservoirs


Market by Region

• North India
• West and Central India
• South India
• East India


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. India Pumped Hydro Storage Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. India Pumped Hydro Storage Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia Ukraine War
5. India Pumped Hydro Storage Market by System
5.1. Introduction
5.2. Open Loop
5.3. Closed Loop
5.4. Innovative
6. India Pumped Hydro Storage Market by Sources
6.1. Introduction
6.2. Natural Reservoirs
6.3. Man-Made Reservoirs
7. India Pumped Hydro Storage Market by Region
7.1. Introduction
7.2. North India
7.3. West and Central India
7.4. South India
7.5. East India
8. SWOT Analysis
9. Porter’s Five Forces
10. Market Value Chain Analysis
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Company Profiles
11.2.1. Adani Green Energy Ltd.
11.2.2. ANDRITZ
11.2.3. GE Renewable Energy (General Electric)
11.2.4. Greenko Group
11.2.5. International Hydropower Association
11.2.6. JSW Energy Limited (JSW Neo Energy Limited)
List of Figures
Figure 1: India Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 2: India Pumped Hydro Storage Market by System, 2024
Figure 3: India Pumped Hydro Storage Market by Sources, 2024
Figure 4: India Pumped Hydro Storage Market by Region, 2024
Figure 5: India Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 6: India Pumped Hydro Storage Market by System (in %), 2024 & 2034
Figure 7: India Open Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 8: India Open Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 9: India Closed Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 10: India Closed Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 11: India Innovative Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 12: India Innovative Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 13: India Pumped Hydro Storage Market by Sources (in %), 2024 & 2034
Figure 14: India Natural Reservoirs Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 15: India Natural Reservoirs Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 16: India Man-Made Reservoirs Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 17: India Man-Made Reservoirs Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 18: India Pumped Hydro Storage Market by Region (in %), 2024 & 2034
Figure 19: North India Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 20: North India Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 21: West and Central India Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 22: West and Central India Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 23: South India Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 24: South India Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 25: East India Pumped Hydro Storage Market (in US$ Million), 2020-2024
Figure 26: East India Pumped Hydro Storage Market (in US$ Million), 2025-2034
Figure 27: Market Value Chain
List of Tables
Table 1: India Pumped Hydro Storage Market Portraiture
Table 2: India Pumped Hydro Storage Market by System (in US$ Million), 2024 & 2034
Table 3: India Pumped Hydro Storage Market by Sources (in US$ Million), 2024 & 2034
Table 4: India Pumped Hydro Storage Market by Region (in US$ Million), 2024 & 2034
Table 5: List of Key Players

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