WEF 2025: Telangana government, MEIL sign three MoUs worth ₹15,000 crore to boost infrastructure and economic growth
The Hindu
Telangana signs MoUs with MEIL for infrastructure development, including pumped storage project, BESS project, and luxury resort.
In a significant push for its infrastructure and economic development, Telangana signed three Memoranda of Understanding (MoUs) with Megha Engineering and Infrastructures Limited (MEIL) at the World Economic Forum in Davos on Tuesday (January 21, 2025) in the presence of Chief Minister A. Revanth Reddy who is leading the ‘TelanganaRising’ delegation.
As part of these agreements, MEIL will invest ₹ 11,000 crores to establish a 2160 modern pumped storage project, creating over 1,000 jobs during construction and 250 during operations.
A Battery Energy Storage System (BESS) project with an investment of ₹ 3,000 crores will also be set up with 1,000 MWh BESS across Telangana, generating over 1,000 direct and 3,000 indirect jobs. A luxury wellness resort estimated to cost ₹ 1,000 crores will also be established at Ananthagiri near Hyderabad, creating over 2,000 jobs during construction and operations.
Enforcement Directorate attaches properties worth ₹82.29 crore linked to illegal transactions by MGF Developments Limited chairman Shravan Gupta.
Kerala Agriculture Minister criticizes Central government's unscientific MSP for paddy, calls for State-specific pricing for farmers' benefit.
Arvind Kejriwal accuses Amit Shah of taking over BJP's campaign, Delhi Police aiding in hooliganism, creating fear in voters.
Chief Minister N. Chandrababu Naidu expresses sorrow over Vedic students' death in Karnataka road accident, offers support to families.
Experience the best of Asian cinema with a Caucasian-Central Asian twist at the three-day Guwahati Asian Film Festival 2025.
NCC Group Tirupati cadets shine at Republic Day equestrian championship in Delhi, winning multiple medals and trophies.
Badhal village in Jammu and Kashmir declared containment zone after mysterious deaths; investigation ongoing, no definitive cause found.
Talking about his son’s Jeet’s wedding, Adani Group Chairman Gautam Adani has dispelled rumours of it being a star-studded ceremony involving celebrities such as Taylor Swift and Mark Zuckerberg
Saif Ali Khan attacker scaled wall, entered building unnoticed, stabbed actor, recreated crime scene, arrested in Thane.
IMD predicts rain with thunderstorms, 98% humidity, 'poor' air quality, and 24°C max temp in Delhi.
Madison Keys advances to Australian Open semifinals after defeating Elina Svitolina in three sets.
Karnataka CM questions BJP on rape incidents, BJP demands Home Minister's resignation, sparking political controversy in the state.
New BJP president in Tirupati district vows to expand party's success, unite with NDA allies for growth and recognition.
Manipur police arrest two militants, including PLA member Yengkhom Bhogen Singh, in separate operations in Imphal East district.
HCLTech expands in Hyderabad, creating 5,000 jobs with cutting-edge tech solutions for global clients.
Telangana signs MoUs with MEIL for infrastructure development, including pumped storage project, BESS project, and luxury resort.
GCDA to feature 200 heritage structures in Fort Kochi and Mattancherry on GIS-based mapping website for conservation and tourism.
Celebrated for its cosmopolitan charm and dynamic nightlife, Bengaluru has witnessed a remarkable transformation in its bartending culture over the years. The city’s bars and pubs are counted among the finest in the world, with a new generation of bartenders who have elevated their craft to an art form.