Tata Power approves ₹11,871 crore pumped storage project in Maharashtra
FROM THE WIRE · LIVEMINT.COM
The 1.8 GW project at Shirwata is expected to be completed in 51 months, as the company steps up investments in power generation, renewable energy and manufacturing.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe project strengthens Tata Power's investments in power generation and renewables, an ordinary flow for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The pumped storage project at Shirwata has a capacity of 1.8 GW.
- 02Completion is expected in 51 months.
- 03Tata Power is stepping up investments in power generation, renewables and manufacturing.