Adani Green Energy to invest in pumped storage plants in Tamil Nadu

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Adani Green Energy has committed to invest INR 24,500 crore (around $2.95 billion)  in setting up three pump storage projects in Tamil Nadu in the next five to seven years. It is targeting a total capacity of 4.9 GW through facilities in Thenmalai, Alleri, and Aliyar.

Tata Power will expand its presence in the state with an INR 70,000-crore investment to develop 10 GW of solar and wind power capacity over the next five to seven years.

UK’s Shell Energy has signed the MoU to invest INR 1,070 crore for RE projects across Tamil Nadu and global capability centre expansion.

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