The Hydro-pumped Storage Plants market is expected to grow significantly due to the increasing demand for electrical energy and the need for grid support from intermittent renewables. Hydro-pumped storage, which includes pump back plants and conventional hydroelectric dams, plays a crucial role in balancing energy supply and demand by storing excess electrical energy during off-peak hours and releasing it during peak demand. These systems are essential baseload sources, providing power quality and grid stability.