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The Government of Telangana has signed a Memorandum of Understanding (MoU) with Sun Petrochemicals to develop three Pumped Storage Hydro Power projects in the districts of Nagarkurnool, Mancherial, and Mulugu. These projects will have a combined capacity of 3,400 MW and will be supported by downstream integrated solar power plants with a capacity of 5,440 MW. The initiative represents a significant investment of ?45,500 crore and is expected to generate over 7,000 jobs during the construction phase, according to an official statement. The MoU was formalized at Davos, with senior officials from the Telangana government and Sun Petrochemicals in attendance. This partnership aims to efficiently harness renewable energy resources to meet growing energy demands while advancing Telangana’s commitment to a green energy transition. |
