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NHPC revises MoU with Maharashtra govt for 7,350 MW renewable energy storage systems

NHPC revises MoU with Maharashtra govt for 7350 MW renewable energy storage systems

NHPC Ltd said it has re-entered a memorandum of understanding (MoU) with the Department of Water Resources (WRD), Government of Maharashtra, to establish energy storage systems, specifically pumped storage projects (PSPs), across the state.

This comes as a succession of MoUs signed with Maharashtra’s Department of Energy for developing renewable energy sources, including solar, wind, and hybrid systems, with a total capacity of 7,350 MW.

The revised MoU, signed on September 3, 2024, comes after the issuance of a corrigendum on July 31, 2024, concerning the state’s policy for developing PSPs through public-private partnerships.

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