Power Ministry plans to provide incentives for setting up pumped storage hydro power projects in India

The Ministry of Power has proposed giving incentives such as tax breaks, easy environment clearance and providing land at concessional rates, in order to promote pumped storage hydro-power projects in India. The Power Ministry has released draft guidelines on pumped storage projects (PSPs) to seek comments from states and state-run companies as well as private firms within a fortnight till March 2, 2023.

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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st March 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…


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