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India will need an estimated ₹7.36 trillion to develop 122.77GW of pumped storage capacity across 87 projects, Mint reports, citing the Central Electricity Authority. Mint describes the investment as crucial to reaching 500GW of non-fossil fuel power by 2030 and improving grid stability as renewable energy grows.

India's pumped storage buildout estimated to need ₹7.36 trillion

Mint reports that the Central Electricity Authority's estimate covers 122.77GW of pumped storage capacity across 87 projects.

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