Tata Power, Maha govt to develop 2,800 MW projects for ₹13,000 cr
Financial Express Mumbai|August 09, 2023
TATA POWER HAS signed an agreement with the Maharashtra government to develop two large pumped hydro storage projects (PSPs) with a combined capacity of 2,800 megawatts (MW). The projects entail an estimated investment of about ₹13,000 crore.
RAJESH KURUP
Tata Power, Maha govt to develop 2,800 MW projects for ₹13,000 cr

The projects would come up in Shirawta, Pune (1800 MW) and Bhivpuri, Raigad (1000 MW).

"The signing of this Memorandum of Understanding is a major step forward in the Tata Power's journey towards clean and green energy future. Pumped Hydro Storage is a reliable and efficient way to store energy, and these projects will support the renewable solar and wind projects to ensure reliable, 24/7 consistent power supply,"Tata Power CEO & MD Praveer Sinha said.

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