JSW Energy has entered into a Memorandum of Understanding (MoU) with Maharashtra to set up a hydro pumped storage project in the state.
JSW Energy, through its wholly-owned subsidiary, JSW Neo Energy, has entered into the Memorandum of Understanding for setting up a 960 MW capacity hydro PSP, company said in its press release.
With the signing of the MoU, the company has secured resources for 6 GW hydro PSPs from the governments of various states (Maharashtra, Chhattisgarh, Telangana, and Rajasthan).