Hindustan Construction Company (HCC) and Tata Projects (TPL)  in a 50:50 joint venture have bagged a Rs 2,470 crore contract from Tata Power Company. The order is for the construction of the Bhivpuri Off-Stream Open-Loop Pumped Storage Project (PSP) in Karjat, Maharashtra.

The 1,000 MW project consists of two 333 MW and two 167 MW units. The scope of work includes civil and H&M components such as a coffer dam, intake structures, head race tunnels, penstock, surge shaft, powerhouse, tail race tunnel, lower reservoir with a GFRD dam, roads, drains, and other necessary infrastructure. "The scope will also include other appurtenant works required for completion of the project consisting of infrastructure works along with review and interface of electro-mechanical works," the company stated.

HCC has contributed to nearly 26 percent of India’s installed hydropower capacity and is currently executing five hydroelectric power projects, including the 1,000 MW Tehri pumped storage system in Uttarakhand.