Pumping Up the Green Revolution: JSW Neo Energy's 9,000 Crore Telangana Project

JSW Neo Energy is set to embark on a groundbreaking initiative by establishing a pumped storage project in Telangana, boasting an impressive generation capacity of 1,500 MW. The ambitious project, with an estimated investment of Rs 9,000 crore, solidifies JSW Neo Energy's commitment to advancing renewable and new energy solutions.

The significant memorandum of understanding (MoU) was formalized between JSW Neo Energy and the state government during the World Economic Forum held in Davos. At this prestigious event, JSW Group's representatives engaged with Chief Minister A Revanth Reddy to unveil their visionary plan for the pumped storage project.

The announcement took place on the sidelines of the World Economic Forum, with the presence of key dignitaries such as Minister for Industries D Sridhar Babu, Principal Secretary Jayesh Ranjan, and Special Secretary for Investment Promotion, Vishnu Vardhan Reddy. Their collective endorsement underscores the strategic importance of this sustainable energy endeavor.

JSW Neo Energy, a wholly owned subsidiary of JSW Energy, specializes in pioneering renewable energy solutions. The state government has affirmed its unwavering commitment by assuring JSW Neo Energy of comprehensive support for the project. This collaboration is poised to make JSW Neo Energy a pivotal partner in Telangana's quest for clean and green energy, contributing significantly to the state's sustainable energy future.

News by Rahul Yelligetti