Welspun New Energy Limited has signed a memorandum of understanding (MoU) with the Maharashtra government for the development of the Dhamni pumped hydro project.
The Dhamni pumped hydro project has a capacity of 1.2 GW and will require an investment of approximately Rs 50 billion. It will be set up in the Pune and Raigad districts over the next 6-7 years.