NHPC Limited has re-entered a memorandum of understanding (MoU) with the Maharashtra government’s Department of Water Resources for the development of 7,350 MW renewable energy storage systems.
Under the agreement, NHPC will develop four major pumped storage projects (PSPs) in the state: Kengadi with a capacity of 1,550 MW, Savitri with a capacity of 2,250 MW, Kalu with a capacity of 1,150 MW, and Jalond with a capacity of 2,400 MW. This revision follows the issuance of a corrigendum regarding Maharashtra’s policy for developing PSPs through public-private partnerships.