| Deptt of Water Resources, NHPC signs MoU | | |  AGENCIES
NEW DELHI, Sept 4: As per Policy of Govt. of Maharashtra for Development of Pumped Storage Projects (PSPs) in the state, NHPC signed a Memorandum of Understanding (MoU) on 03.09.2024 at Mumbai with the Department of Water Resources, Government of Maharashtra. This MoU covers the establishment of Pumped Storage Projects (PSPs) in Maharashtra with a total capacity of 7,350 MW, focusing on survey, investigation, and Detailed Project Report (DPR) preparation, along with the timely implementation as per Central and State Government policies.
The MoU was exchanged between Rajat Gupta, Executive Director (SBD&C), NHPC and Deepak Kapoor, Additional Chief Secretary, Water Resources Department, Government of Maharashtra in the august presence of Deputy Chief Minister of Maharashtra, Devendra Fadnavis and R.P. Goyal, Director (Finance), NHPC.
This MoU marks a significant step forward in developing Pumped Storage Projects as energy storage solutions in Maharashtra, aligning with the national goals of achieving 500 GW of renewable energy by 2030 and Net Zero by 2070. |
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