https://www.taxtmi.com/news?id=49520 The state executed four Memoranda of Understanding for pumped storage hydropower projects naming developers, sites, capacities, investment and employment projections, and embedding the projects in a policy to expand renewables and grid stability. The MoUs specify commercial terms including an annual reservoir usage fee per megawatt, water charges at industrial rates, and land lease at prevailing rates, and they augment the existing PSP pipeline and aggregate capacity, investment and revenue estimates provided by the administration. en-us Tue, 15 Jul 2025 20:31:04 +0530 Tue, 15 Jul 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49520 The state executed four Memoranda of Understanding for pumped storage hydropower projects naming developers, sites, capacities, investment and employment projections, and embedding the projects in a policy to expand renewables and grid stability. The MoUs specify commercial terms including an annual reservoir usage fee per megawatt, water charges at industrial rates, and land lease at prevailing rates, and they augment the existing PSP pipeline and aggregate capacity, investment and revenue estimates provided by the administration. News - Tue, 15 Jul 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=49520