Avaada Group, Maha govt ink pact to set up 3,600 MW pumped storage projects at Rs 15,100 cr https://www.taxtmi.com/news?id=42310 An initial memorandum of understanding between a private developer and a state government establishes two pumped storage hydro projects as strategic infrastructure to provide round the clock renewable power, support grid balancing and strengthen energy security by enabling renewable integration. The MoU anticipates significant capital investment and direct employment, and it records the state's commitment to facilitate timely execution and provide administrative support to expedite project delivery. en-us Tue, 29 Apr 2025 16:01:03 +0530 Tue, 29 Apr 2025 16:01:03 +0530 TaxTMI RSS Generator Avaada Group, Maha govt ink pact to set up 3,600 MW pumped storage projects at Rs 15,100 cr https://www.taxtmi.com/news?id=42310 An initial memorandum of understanding between a private developer and a state government establishes two pumped storage hydro projects as strategic infrastructure to provide round the clock renewable power, support grid balancing and strengthen energy security by enabling renewable integration. The MoU anticipates significant capital investment and direct employment, and it records the state's commitment to facilitate timely execution and provide administrative support to expedite project delivery. News - Tue, 29 Apr 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=42310