CM Chouhan lays foundation stone for a 1440 megawatt energy storage project using pumped hydro storage.

October 4th 2023.

CM Chouhan lays foundation stone for a 1440 megawatt energy storage project using pumped hydro storage.
Chief Minister Shivraj Singh Chouhan recently addressed a gathering, virtually laying the foundation stone of 1440 megawatt Pumped Hydro Storage Energy Storage Project in Neemuch district. This project, to be established by Greenko Group with an investment of Rs 10 thousand crore, will become operational by June 2025 and will have a capacity of up to 1920 megawatt.

The project will not only provide employment to about 4 thousand people but will also benefit thousands more by providing skill upgradation and economic development in the local area. In addition, this project will prove to be a foundation stone in the renewable energy sector, as the state continues to make efforts to protect the environment by using solar, wind and water energy.

In order to meet the resolution of Panchamrit, Prime Minister Narendra Modi has set the targets of 500 gigawatt renewable energy capacity by the year 2030. The state government is determined to make Madhya Pradesh a leader in innovation in the renewable energy sector and welcomes investors to join in with renewable energy production in the state.

The foundation stone laying ceremony was attended by Renewable Energy Minister Hardeep Singh Dang, Principal Secretary Renewable Energy Sanjay Dubey, Managing Director of Greenko Project Anil Chalamalasetty, Executive Director Bandaru Narasimha Rao and other officials. Minister Hardeep Singh Dang and MLA Anirudh Maru were also present in the Bhoomi Pujan programme of the plant in Neemuch.

Chief Minister Shivraj Singh Chouhan emphasized the importance of producing energy with the protection of the environment. He also encouraged investors to join in the renewable energy production in the state, as Madhya Pradesh works towards achieving a leading position in the country in the field of renewable energy plant construction.

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