https://www.taxtmi.com/news?id=60497 The state signed an MoU with a private developer for the Panchmauli-Devalipada pumped storage hydroelectric project, specifying project development obligations, expected installed capacity, initial and annual water storage requirements, revenue potential, investment and employment prospects. The government committed to a fast-track mechanism to secure time-bound clearances, explicitly including water usage and environmental approvals, as part of a broader programme to expand pumped storage capacity and distributed solar to stabilise the power grid and support agricultural renewable supply. en-us Mon, 03 Nov 2025 19:01:05 +0530 Mon, 03 Nov 2025 19:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=60497 The state signed an MoU with a private developer for the Panchmauli-Devalipada pumped storage hydroelectric project, specifying project development obligations, expected installed capacity, initial and annual water storage requirements, revenue potential, investment and employment prospects. The government committed to a fast-track mechanism to secure time-bound clearances, explicitly including water usage and environmental approvals, as part of a broader programme to expand pumped storage capacity and distributed solar to stabilise the power grid and support agricultural renewable supply. News - Mon, 03 Nov 2025 19:01:05 +0530 https://www.taxtmi.com/news?id=60497