The Government of Maharashtra has signed a Memorandum of Understanding (MoU) with Torrent Power Limited to establish three Pumped Storage Hydro Projects with a capacity of 5,700 MW in Maharashtra.
Torrent Power Limited plans to invest approximately INR 27,000 crores in these projects, which are expected to create employment opportunities for around 13,500 people during the construction phase.
Over a period of five years, Torrent Power Limited intends to carry out the execution of these projects at three sites namely Karjat (3,000 MW) in Raigad District, Maval (1,200 MW), and Junnar (1,500 MW) in Pune District.
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