NEW DELHI : REC Limited has sanctioned a Rs 6,075 crore loan to renewable energy company Greenko for setting up a 1,440-megawatt Standalone Pumped Storage Project. REC Ltd is a Maharatna Central Public Sector Enterprise under the Union Ministry of Power. Established in 1969, REC Limited is an NBFC focusing on power sector financing and […]
Greenko Group to set up Pumped Storage Project in MP’s Neemuch – EQ Mag
The Greenko Group, one of India’s leading energy transition companies, will invest Rs 10,000 crores in a Pumped Storage Project (PSP) near Gandhi Sagar in Madhya Pradesh’s Neemuch district According to a release, the Greenko Group will set up the PSP with a daily storage capacity of 11 GWh (Gigawatt hours). The infirm renewable electricity […]