State-owned NHPC has inked an initial pact with the Andhra Pradesh Power Generation Corporation to set up pumped storage hydropower and other renewable energy projects in Andhra Pradesh.
In the first phase, the Memorandum of Understanding (MoU) envisages building of two pumped hydro storage projects having a total capacity of 1,950 MW, an official statement said.
These projects will be established at Kamalapadu (950 MW) and Yaganti (1,000 MW).
Once ready, these projects are expected to create significant employment opportunities and boost the local economy.
