Panchmauli-Devalipada Pumped Storage Hydroelectric Project
Sector: Biomass • Location: Maharashtra, India
Source: BioEnergy Times
The Maharashtra government signed a Memorandum of Understanding (MoU) worth Rs 8,000 crore with GSC Group of Singapore for the Panchmauli-Devalipada Pumped Storage Hydroelectric Project in Dhule and Nandurbar districts. The project has an installed capacity of 1,500 MW and is expected to create about 2,500 jobs and generate estimated annual revenue of over Rs 1,100 crore for the state. The project
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Status
Original status | planned |
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Description
Description | The Maharashtra government signed a Memorandum of Understanding (MoU) worth Rs 8,000 crore with GSC Group of Singapore for the Panchmauli-Devalipada Pumped Storage Hydroelectric Project in Dhule and Nandurbar districts. The project has an installed capacity of 1,500 MW and is expected to create about 2,500 jobs and generate estimated annual revenue of over Rs 1,100 crore for the state. The project aims to strengthen the state and national power grids by leveraging Maharashtra's favorable geographical conditions for pumped storage projects. |
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Original Currency | USD |
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