JSW Energy to develop PSH projects in five states

JSW EnergyLimited is planning to set up pumped storage hydropower (PSH) projects in five states to collectively generate 10 GW of power.

The discussion for the projects is ongoing in Karnataka, Andhra Pradesh, Telangana, Odisha and Chhattisgarh. The company is expecting to see the commencement of construction of the first project by the end of 2022-23 or early 2023-24.JSW Energy is planning a capex of Rs 80billion- Rs 100 billion every year from 2022-23 onwards