These pumped storage initiatives will play a critical role in strengthening Maharashtra’s energy security by enabling round-the-clock renewable power, supporting grid balancing, and ensuring the seamless integration of clean energy into the state’s power mix, the company said.
Maharashtra Chief Minister Devendra Fadnavis emphasised the state’s commitment to becoming the clean energy capital of India.
Fadnavis said, “Maharashtra aims to become the Green Energy Hub of India. All signed MoUs (memoranda of understanding) must translate into swift execution on the ground, and the government will ensure complete support to developers to fast-track these transformational projects.” Vineet Mittal, Chairman of Avaada Group, said, “This agreement is a decisive step towards securing India’s clean energy future. Pumped storage solutions are pivotal for maintaining grid reliability and ensuring renewable energy availability round-the-clock.” PTI ABI ABI SHW