The pumped storage unit is projected to generate 3,967 million units (MU) of electricity, which should aid India as it increasingly relies on renewable energy sources such as solar and wind.
Hathidah Durgawati PSP is likely to generate employment for around 5,000 people directly and indirectly and attract investment of around ₹10,000 crore.
"Both the parties have agreed to collaborate for the development of renewable energy on a long-term basis," the business informed exchanges.
SJVN Ltd has gained a total of 57% in the last one year, and 24% gain since the beginning of the year.
The estimated total investment for these projects is around ₹48,000 Crore, which is anticipated to create nearly 8,400 direct and indirect jobs.
Here are some of the stocks that may see significant price movement today: Hero MotoCorp, Vedanta, Sansera Engineering, etc.
Here are some of the stocks that may see significant price movement today: GAIL India, Nexus REIT, MCX India, etc.
The Mizoram project will include eight 300-MW units, having an annual energy generation capacity of 4,993.2 million units.
Here are some of the stocks that may see significant price movement today: Ramco Cements, Jupiter Wagons, Motilal Oswal, etc.
For the fiscal year 2023–24, these eight power sector companies planned to invest a total of ₹60,805.22 Crore annually.
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