Tata Power is setting the wheels in motion for a significant pumped hydro storage venture in Shirawta, Pune, with a staggering investment of 11,000 crore rupees. Construction kicks off in July, anticipated to span five years. The financial blueprint follows a 70-30 debt-to-equity structure.
Tata Power to invest Rs 11,000 crore in Pune pumped hydro project
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