Rs.56660 Million New Pumped Storage Hydro Power Project in Maharashtra
A new 1,000 MW pumped storage hydro power project is set to be developed in Bhivpuri, Raigad District, Maharashtra. Estimated at Rs. 56,660 million, the project aims to support renewable energy with round-the-clock applications, enabling energy storage and shifting to stabilize supply and aid in reducing emissions for hard-to-decarbonize industries. Project approval has been granted as of November 2024.
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