NHPC Limited previously signed a Memorandum of Understanding (MoU) with the Department of Energy, Government of Maharashtra, to set up energy storage systems (pumped storage systems) and other renewable energy sources (such as Solar/Wind/Hybrid, etc.) with a total capacity of 7,350MW.
The earlier Memorandum of Understanding (MoU) was once again signed with the Department of Water Resources (WRD), Government of Maharashtra, on 03.09.2024, to establish Pumped Storage Project.
In the exchange filing, the company shared, “Now, pursuant to issuance of corrigendum dated 31.07.2024 with respect to Policy for development of Pumped Storage Projects (PSPs), PSPs cum LIS and co-located PSP-Solar/ Other Renewable Energy Hybrid Projects through Public Private Partnership by Department of Water Resources (WRD), Govt. of Maharashtra, the earlier MoU has been signed once again with WRD, Govt. of Maharashtra on 03.09.2024 to establish Pumped Storage Project(s) viz. Kengadi (1,550 MW), Savitri (2,250 MW), Kalu (1,150 MW), Jalond (2,400 MW) in Maharashtra with total capacity of 7,350 MW.”
