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Sun Petrochemicals to invest in pumped storage hydro projects in Telangana

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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…

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Telangana signs MoU with MEIL for 2,160 MW pumped storage project

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The Government of Telangana has signed a Memorandum of Understanding (MoU) with Megha Engineering and Infrastructures Limited (MEIL) to establish a 2,160 MW Pumped Storage Project (PSP) in the state. The project entails an investment of Rs.110 billion and is expected to boost the state’s renewable energy capacity and infrastructure. The MoU was signed on January 21, 2025.

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Telangana inaugurates Unit 2 of Damaracherla Power Project

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The Government of Telangana has inaugurated Unit 2 of the Damaracherla (Yadadri) Power Project. The project, being implemented by Telangana State Power Generation Corporation Limited (TSGENCO), is located at Damaracherla (Yadadri) mandal in Nalgonda district. With an investment of Rs 299.65 billion, the project will feature five units, each with a capacity of 800 MW.  

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Premier Energies to invest Rs 52.92 billion in Telangana solar manufacturing facilities

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Premier Energies Limited plans to invest Rs 52.92 billion in manufacturing facilities for solar cells, modules, ingots, silicon wafers, and aluminium extrusions in Telangana. The initiative includes a 4 GW solar photovoltaic (PV) TOPCon cell and 4 GW PV TOPCon module manufacturing plant at Sitarampur, with an investment of Rs 33.42 billion.  Telangana State Industrial Infrastructure Corporation has allocated 75 acres for this project.  Additionally, Premier Energies will invest Rs 17 billion in an ingot…

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Solar Industries secures Rs 8.87 billion order from Singareni Collieries

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Solar Industries India has received an order worth Rs 8.87 billion from Singareni Collieries Company (SCCL) to supply SME explosives, LDC explosives, and initiating systems for overburden blasting over two years.  This contract bolsters Solar Industries’ position in the mining explosives market and adds to its order book for the coming two years.  SCCL, one of India’s largest coal producers, is a government-owned mining corporation under the Department of Energy, Government of Telangana.