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Torrent Power to invest Rs 27,000 cr to build Pumped Storage Hydro projects in Maharashtra – EQ Mag

The projects would entail an investment of about Rs 27,000 crore and would provide employment to nearly 13,500 people during the construction period Torrent Power Limited has signed a memorandum of understanding (MoU) with the Maharashtra government for the development of three pumped storage hydro projects of 5,700 MW capacity. In a regulatory filing, the […]

Clean energy needs Rs 31 trillion investments by 2030 – EQ

Power Ministry proposes tax sops, green clearances for pumped storage hydro projects – EQ Mag

New Delhi : To promote pumped storage hydro-power projects in India, the Ministry of Power has proposed giving incentives such as tax breaks, easy environment clearance and providing land at concessional rates. The ministry has released draft guidelines on pumped storage projects (PSPs) to seek comments from states and state-run companies as well as private […]

Balancing growth and green goals a tightrope walk for India: Economic Survey – EQ