Avaada to build 3,650 MW pumped hydro projects in Maharashtra
Avaada Group has signed a memorandum of understanding (MoU) with the Water Resources Department of Maharashtra to develop two pumped storage hydro projects (PSHPs) with a combined capacity of 3,650 MW. The projects include the 2,400 MW Pawana Falyan pumped storage project and the 1,200 MW Sirsala project. Together, they are expected to attract investment worth Rs 151 billion and create over 3,800 direct jobs in the region. These pumped storage projects will support Maharashtra’s…