THDCIL Signs Rs.33,600 Crore MoU for Energy Storage

THDCIL signs a massive MoU for energy storage, paving the way for a significant boost in India's renewable energy sector.

Energy StorageRenewable EnergyThdcilMaharashtraPumped Storage ProjectReal Estate MaharashtraSep 06, 2024

THDCIL Signs Rs.33,600 Crore MoU for Energy Storage
Real Estate Maharashtra:The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit https //rahstaexpo.com

THDCIL has signed a Memorandum of Understanding (MoU) worth Rs.33,600 crore for the development of a pumped storage project in Maharashtra. The project, which will have a capacity of 6,790 MW, is expected to play a crucial role in promoting renewable energy in the country.

The MoU was signed in the presence of senior officials from THDCIL and the government of Maharashtra. The project is expected to be completed within the next five years and will provide a significant boost to the country's energy storage sector.

THDCIL is a leading player in the Indian energy sector, with a portfolio of projects that include hydroelectric, thermal, and renewable energy. The company has been at the forefront of promoting renewable energy in the country and has set ambitious targets to increase its renewable energy capacity in the coming years.

The pumped storage project is expected to be a major milestone in THDCIL's journey towards promoting renewable energy. The project will not only provide a reliable source of power but also help to stabilize the grid and ensure a consistent supply of electricity to consumers.

The government of Maharashtra has been actively promoting renewable energy in the state, with a focus on solar and wind power. The state has set ambitious targets to increase its renewable energy capacity and has been encouraging private players to invest in the sector.

The MoU signed by THDCIL is a major step forward in this direction and is expected to pave the way for further investments in the renewable energy sector. The project is also expected to create employment opportunities and stimulate economic growth in the region.

THDCIL is a leading player in the Indian energy sector, with a portfolio of projects that include hydroelectric, thermal, and renewable energy. The company has been at the forefront of promoting renewable energy in the country and has set ambitious targets to increase its renewable energy capacity in the coming years.

Information The Indian government has set ambitious targets to increase the country's renewable energy capacity, with a focus on solar and wind power. The government has been encouraging private players to invest in the sector and has introduced several policies and incentives to promote renewable energy.

Tags energy storage, renewable energy, THDCIL, Maharashtra, pumped storage project

FAQs

Q What is the value of the MoU signed by THDCIL?
A The MoU is worth Rs.33,600 crore.

Q What is the capacity of the pumped storage project?
A The project will have a capacity of 6,790 MW.

Q Where will the project be located?
A The project will be located in Maharashtra.

Q What is the expected completion date of the project?
A The project is expected to be completed within the next five years.

Q What is the significance of the project?
A The project is expected to play a crucial role in promoting renewable energy in the country and will provide a reliable source of power.

Frequently Asked Questions

What is the value of the MoU signed by THDCIL?

The MoU is worth Rs.33,600 crore.

What is the capacity of the pumped storage project?

The project will have a capacity of 6,790 MW.

Where will the project be located?

The project will be located in Maharashtra.

What is the expected completion date of the project?

The project is expected to be completed within the next five years.

What is the significance of the project?

The project is expected to play a crucial role in promoting renewable energy in the country and will provide a reliable source of power.

Related News Articles

Kolkata Hospital Rape and Murder: Doctors' Strike Hits Health Services
Real Estate Mumbai

Kolkata Hospital Rape and Murder: Doctors' Strike Hits Health Services

West Bengal doctors' strike, Kolkata hospital rape and murder, healthcare services affected

August 18, 2024
Read Article
Income Tax Raids Anvitha Real Estate Group in Hyderabad for Suspected Tax Evasion
Real Estate

Income Tax Raids Anvitha Real Estate Group in Hyderabad for Suspected Tax Evasion

Anvitha Real Estate Group, with projects in Abu Dhabi, the United States, and Hyderabad, is under scrutiny for suspected tax evasion. The Income Tax Department conducted searches in Hyderabad and Rangareddy districts.

October 17, 2024
Read Article
Madhuri Dixit Leases Andheri West Office for Rs 3 Lakh Monthly: Report
Real Estate Mumbai

Madhuri Dixit Leases Andheri West Office for Rs 3 Lakh Monthly: Report

Bollywood icon Madhuri Dixit has ventured into the real estate market by leasing her office space in Andheri West, Mumbai, for a monthly rent of Rs 3 lakh. This move highlights the lucrative nature of commercial real estate in the city.

December 17, 2024
Read Article
Carlyle Acquires Majority Stakes in Roop Automotives: Legal Insights from Trilegal, CAM, and Touchstone
real estate news

Carlyle Acquires Majority Stakes in Roop Automotives: Legal Insights from Trilegal, CAM, and Touchstone

Carlyle Group's recent acquisition of majority stakes in Roop Automotives marks a significant move in the automotive industry. Discover the legal strategies and insights provided by Trilegal, CAM, and Touchstone in this comprehensive article.

February 24, 2025
Read Article
Adani, Patanjali Among 26 Firms Vying for Jaiprakash Associates' Assets
real estate news

Adani, Patanjali Among 26 Firms Vying for Jaiprakash Associates' Assets

Adani Group and Patanjali are among 26 firms showing interest in acquiring the assets of Jaiprakash Associates, a leading real estate and infrastructure company. The race is on to secure valuable properties and projects, including Jaypee Greens, in a highly competitive market.

April 6, 2025
Read Article
Oberoi Realty Q4 Results: Net Profit Dives 45% Amid Revenue Decline; Company Declares Dividend
real estate news

Oberoi Realty Q4 Results: Net Profit Dives 45% Amid Revenue Decline; Company Declares Dividend

Real estate firm Oberoi Realty Ltd reported a significant 45% drop in net profit in the fourth quarter of the fiscal year, primarily due to a decline in revenue. Despite the challenging financial landscape, the company has declared a dividend for its shareholders.

April 28, 2025
Read Article