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Maharashtra targets pumped storage hub status, signs MoUs for Rs 23,800-crore projects

Summary by NewsDrum
Nagpur, Dec 10 (PTI) The Maharashtra government's water resources department on Wednesday signed MoUs with a clutch of companies for pumped storage hydroelectric projects, entailing an investment of Rs 23,800 crore with potential to create 11,500 jobs.Maharashtra has set a target to become the country's pumped storage hub, Chief Minister Devendra Fadnavis said and announced the state has achieved a potential of 76,115 MW generation capacity thro…
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2 Articles

₹23,800 crore investment, Maharashtra's biggest leap in the energy sector Maharashtra has taken a big and historic step in Pumped Storage Hydroelectric Projects. In the presence of Chief Minister Devendra Fadnavis, important MoUs were signed between the state's Water Resources Department and the country's second largest power generating company Mahagenco (Maharashtra State Power Generation Company Limited) regarding Pumped Storage Hydroelectric …

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NewsDrum broke the news in on Wednesday, December 10, 2025.
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