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Private Sector | Telangana - India | PID: 202355
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JSW Neo Energy plans to set up a pumped storage project with a generation capacity of 1,500 MW, at an outlay of Rs 9,000 crore in Telangana
The memorandum of understanding (MoU) was signed between the state government and JSW Neo at the World Economic Forum being held in Davos. JSW Group, met with Chief Minister A Revanth Reddy on the sidelines of WEF and announced the plan for the project. The Minister for Industries D Sridhar Babu, Principal Secretary Jayesh Ranjan, and Special Secretary, Investment Promotion, Vishnu Vardhan Reddy were also present during the meeting
JSW Neo Energy, a wholly owned subsidiary of JSW Energy, focuses on renewable and new energy solutions, and the state government assured all the necessary support for the project. The company would play a key partner in the state's journey towards clean and green energy
| Updated on: 19 - Jan - 2024
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