JSW Neo Energy signs deal with UPPCL for 1,500 MW pumped hydro storage

Q: How long will it take to read this news story?

The story "JSW Neo Energy signs deal with UPPCL for 1,500 MW pumped hydro storage" has 218 words across 9 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "JSW Neo Energy signs deal with UPPCL for 1,500 MW pumped hydro storage" was covered 7 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 254 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28309006</li><li>URL: https://mussel.beamstart.com/news/jsw-neo-energy-signs-deal-17461004775681</li></ul>

Business Standard Logo Business Standard 7h ago

JSW Neo Energy signs deal with UPPCL for 1,500 MW pumped hydro storage - Business Standard

Quick Summary:

"JSW Neo Energy has signed a pumped hydro storage power procurement agreement (PHSPPA) with Uttar Pradesh Power Corporation Ltd.(UPPCL) for procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage," the company said.

JSW Energy on Thursday said its subsidiary JSW Neo Energy Ltd has signed an agreement with Uttar Pradesh Power Corporation Ltd for the procurement of pumped hydro energy storage.

The PHSPPA is for the supply of energy storage capacity for a period of 40 years where the company will be entitled to receive a fixed capacity charge of Rs 77.2 lakh per MW per annum.