Sun Petrochemicals to invest in pumped storage hydro projects in Telangana
Sun Petrochemicals has signed a memorandum of understanding (MoU) with the Telangana government to develop pumped storage hydro power projects in Nagarkurnool, Mancherial, and Mulugu districts. The project involves an investment of Rs 450 billion and is expected to create 7,000 jobs. The initiative will integrate solar power plants with a capacity of 5,440 MW. The MoU was signed during the World Economic Forum in Davos. Sun Petrochemicals’ Managing Director, Dilip Shanghvi, praised Telangana’s growing…