Tata Power will invest ₹11,000 crore to develop a pumped hydro storage project at Shirawta in Pune, with work starting July next year and completion expected in five years, financed through a 70:30 debt-equity mix. The company earlier signed an MoU with Maharashtra to develop two PSPs totalling 2,800MW — 1,800MW at Shirawta and 1,000MW at Bhivpuri.
Premium Content Access
This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.
