Torrent bags Letter of Intent for 1,500MW hydro storage project in Maharashtra
Tuesday, 17 September 2024
Torrent Power Limited has received a Letter of Intent from Maharashtra State Electricity Distribution Company Limited for a 1,500MW pumped hydro storage project. The project will provide Maharashtra with 12,000 MWh of energy storage capacity over the next 40 years. This move addresses the increasing need for reliable energy storage solutions amid rising renewable energy usage.
Torrent Power Limited has received a Letter of Intent from Maharashtra State Electricity Distribution Company Limited for a 1,500MW pumped hydro storage project. The project will provide Maharashtra with 12,000 MWh of energy storage capacity over the next 40 years. This move addresses the increasing need for reliable energy storage solutions amid rising renewable energy usage.
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