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Avaada Group to set up two pumped storage power projects of 2,750 MW worth Rs 14,000 cr

By Economic Times - 3 months ago
The Avaada Group has partnered with Maharashtra's Water Resources Department to invest Rs 14,000 crore in two pumped storage power projects with a combined 2,750 MW capacity. These projects are expected to significantly boost Maharashtra's energy security and environmental sustainability. Deputy Chief Minister Devendra Fadnavis highlighted the importance of renewable energy in economic sustainability.

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