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MoU signed for Ranavadi off-stream close-loop pumped storage project in Pune, Raigad
Updated On: 13 April, 2026 07:18 PM IST | Mumbai | mid-day online correspondent
The agreement was signed by the Water Resources Department in the presence of Chief Minister Devendra Fadnavis, along with senior ministers and officials
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The Maharashtra government on Monday signed a key Memorandum of Understanding (MoU) with Novarion Energy for the development of the ‘Ranavadi off-stream close-loop pumped storage project’ spanning Pune and Raigad districts, marking a significant push toward clean energy generation in the state.
? CM Devendra Fadnavis presided over the MoU signing between Government of Maharashtra (Water Resources Dept) and Novarion Energy for the development of the 'Ranavadi off-stream close-loop Pumped Storage Project' in Pune and Raigad districts.
— CMO Maharashtra (@CMOMaharashtra) April 13, 2026
✅ Capacity: 1200 MW
✅ Total… pic.twitter.com/H9DRMxGuIH
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