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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