REC Ltd, a non-banking finance company under India’s Ministry of Power, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of pumped storage projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit 2025.
Under this agreement, REC intends to finance INR 18,360 crore in the PSP segment in Kerala over the next five years.
The Government of Kerala is organizing the Global Green Hydrogen & Renewable Energy Summit in Kochi from March 12-13, 2025. The event is supported by the Kerala State Electricity Board (KSEB) and the Energy Management Centre (EMC).
The Energy Management Centre is an autonomous organization under the Department of Power, Government of Kerala.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.