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November 22,2024

Tata Power and ADB Sign MoU $4.25B for 966MW Solar-Wind Projects & PHS in India

Tata Power has signed a USD 4.25 billion MoU with ADB to finance key projects, including a 966 MW Solar-Wind Hybrid and Pumped Hydro Storage (PHS). The partnership aims to enhance India’s Renewable energy capacity, energy security, and infrastructure while supporting sustainability goals. It also focuses on promoting gender inclusivity and advancing clean energy technologies.

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