The Maharashtra government has inked a deal with NHPC Ltd for the development of Pumped Storage schemes and other Renewable Energy Source projects in the state of Maharashtra.
The MoU envisages the development of four Pumped Storage Projects aggregating to a total capacity of 7,350 MW, namely Kalu – 1,150 MW, Savitri – 2,250 MW, Jalond – 2,400 MW and Kengadi -1,550 MW.
Other Renewable Energy Source Projects too will be developed in the state under the agreement.
The MoU entails harnessing the Pump Storage Projects as Energy Storage Solutions to help achieve the national objective of Energy Transition, i.e., installed capacity of 500 GW of renewable energy by 2030 and Net Zero by 2070.
