NHPC revises MoU with Maharashtra govt for 7,350 MW renewable energy storage systems
Under this agreement, NHPC will develop four major PSPs in Maharashtra: Kengadi (1,550 MW), Savitri (2,250 MW), Kalu (1,150 MW), and Jalond (2,400 MW).
State-owned NHPC Ltd said it has re-entered a memorandum of understanding (MoU) with the Department of Water Resources (WRD), Government of Maharashtra, to establish energy storage systems, specifically pumped storage projects (PSPs), across the state.
This comes as a succession of MoUs signed with Maharashtra’s Department of Energy for developing renewable energy sources, including solar, wind, and hybrid systems, with a total capacity of 7,350 MW.
The revised MoU, signed on September 3, 2024, comes after the issuance of a corrigendum on July 31, 2024, concerning the state's policy for developing PSPs through public-private partnerships.
Read Also : ONGC appoints Arunangshu Sarkar as Director (Strategy and Corporate)Under this agreement, NHPC will develop four major PSPs in Maharashtra: Kengadi (1,550 MW), Savitri (2,250 MW), Kalu (1,150 MW), and Jalond (2,400 MW).
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