New Delhi: Tata Power Company Ltd is looking to set up pumped hydro storage projects of 2,800 MW capacity by 2028-29 with an investment of ₹15,000 crore, said its chief executive Praveer Sinha.
He told ET that the company will tie up with its subsidiary Tata Power Renewable Energy Ltd, which in turn will bundle it with other energy sources and provide round-the-clock power to utilities and the commercial and industrial sector. “This will provide round-the-clock power to utilities and group captive consumers of commercial and industrial segments and help meet their renewable energy obligations,” Sinha said.