THDC India Limited 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. The MoU was exchanged in the august presence of the Hon’ble Chief Minister of Gujarat, Bhupendrabhai Patel on 09th Oct 2025 during the Vibrant Gujarat Regional Conferences held at Mehsana, Gujarat. During the occasion, Pralhad Joshi, Union Minister of New and Renewable Energy, Consumer Affairs & Food and Public Distribution, GoI; Kanubhai  Desai  Minister of Finance, Energy, and Petrochemicals, Govt of Gujarat; Pankaj Joshi, IAS, Chief Secretary, Govt of Gujarat, Manoj Kumar Das, IAS, Additional Chief Secretary  (I/C), Govt of Gujarat; SJ Haider, IAS, Additional Chief Secretary, Energy & Petrochemical Deptt. Govt. of Gujarat; Gurdeep Singh, CMD, NTPC; Mrs Bhakti Shamal, Joint Secretary (Renewable Energy), Govt of Gujarat and other dignitaries were also present on the dais. R K Vishnoi, Chairman and Managing Director, THDCIL, extended his heartfelt best wishes and termed the MoU a milestone achievement in strengthening India’s energy infrastructure. He emphasized that this project exemplifies THDCIL’s vision of developing large-scale energy storage systems that facilitate round-the-clock renewable power and bolster grid stability. Vishnoi also highlighted THDCIL’s proven leadership in this space, referring to the successful execution of India’s largest Pumped Storage Project, the 1,000 MW Tehri PSP, developed by a CPSE. Under the terms of the MoU, the Government of Gujarat will provide necessary State-level support, while THDCIL will spearhead the project’s development. AK Vijay Kumar, Special Officer, THDCIL (Former Special commissioner, Govt. of Gujarat), was also present during the singing of the MoU between Shri Ajay Prakash, IAS, Managing Director (GPCL) on the behalf of Govt. of Gujarat, and Neeraj Verma, Executive Director (I/C, NCR) on the behalf of THDC India Limited. M K Jain, GM (PSP-Solar), S K Mittal, AGM (PSP-Solar), Shri Shiv Raj Chauhan AGM (I/C, WPP) and other officers were also present during the occasion. THDCIL also showcased an engaging stall during the event, which drew significant visitors attention and footfall. THDC India Limited is a Schedule ‘A’ Mini Ratna Public Sector Undertaking (PSU) and its equity is shared between NTPC Limited and the Government of Uttar Pradesh.