Tata Power will develop these projects at Shirawta, Pune (1.8 GW) and Bhivpuri, Raigad (1 GW) districts with an estimated investment of INR 13,000 crore ($1.57 billion).
Tata Power stated the projects will leverage the kinetic energy of water to create a stable and reliable power supply. During times of excess energy, water will be pumped from a lower reservoir to a higher reservoir, and during peak demand, the stored water will power turbines, thereby generating electricity. This initiative will significantly enhance energy security by providing peaking and continuous power supply along with other renewables such as solar and wind.
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