The proposed Pumped Storage Project will have energy generation capacity of 1,500 MW.A Memorandum of Understanding  MoU  in this regard was signed between the state government and JSW Neo Energy on the sidelines of the World Economic Forum  WEF  annual conference at Davos. As a leading private sector power company in India, it has an operational capacity of 4,559 MW and is the country s largest Independent Hydro Power Producer  IPP .JSW Neo Energy, a wholly-owned subsidiary of JSW Energy that focuses on renewable and new energy solutions, will be responsible for setting up the proposed project in Telangana. The Chief Minister further stated that JSW is a key partner for the state in its journey towards clean and green energy and the Government is keen to collaborate with JSW for their future projects in India. Revanth Reddy assured JSW of all the necessary support for the Pumped Storage Project and said that the proposed project is aligned with the state s focus on promoting renewable energy.
JSW Neo Energy, a subsidiary of JSW Energy, will set up a 1,500 MW Pumped Storage Project in Telangana, as per a Memorandum of Understanding signed between the state government and the company. JSW Neo Energy is India's largest Independent Hydro Power Producer with an operational capacity of 4,559 MW.