Inks agreement with state government to create combined capacity of 2,800 MW at cost of Rs 13,000 crore; project to generate employment for 6,000
Deputy Chief Minister (energy minister) Devendra Fadnavis flanked by Abha Shukla, principal secretary, energy department (left) and Dr Praveer Sinha, CEO and MD of Tata Power on Tuesday
Seeking to continue its promotion of pumped storage hydro (PSH) projects, the Maharashtra government has signed a memorandum of understanding (MoU) with Tata Power to develop two large PSH projects with a combined capacity of 2,800 megawatts (MW) in the state. The company proposes to invest Rs 13,000 crore in this endeavour.