Sun Petrochemicals Private Limited
8th, 9th, & 10th Floor, ATL Corporate Park, Saki Vihar Road, Powai, Mumbai-400072, Maharashtra, INDIA. CIN: U24219GJ1995PTC028519
Tel: (022)-69325300, Fax: +912269325300, Ext:5333
Website: www.sunpetro.com
Email Id: [email protected]

Press Release
January25,2025, Mumbai:Sun Petro to establish Pumped Storage Hydro Power Projects and Downstream Integrated Solar Power Projects in Telangana
Sun Petrochemicals (SunPetro) has signed a Memorandum of Understanding (MoU) with the Government of Telangana on 22nd January 2025 at Davos, Switzerland, along the sidelines of WEF, to establish three pumped storage hydro power projects in the districts of Nagarkurnool, Mancherial, and Mulugu in Telangana. These projects will have a combined capacity of 3,400 MW and will be complemented by integrated solar power plants with capacity of 5,440 MW.
These proposed projects, with an estimated investment of INR 45,500 crores, shall create over 7,000 jobs during the construction phase. It will significantly enhance Sun Petro’s renewable energy portfolio while contributing to the socio-economic development of Telangana.
The MoU was signed by Mr. Vidyasagar Tulluri, the authorized signatory for SunPetro, alongside senior officials from the Government of Telangana, on the sidelines of the World Economic Forum in Davos.
Mr. Dilip Shanghvi, Managing Director of SunPetro, expressed his enthusiasm about the MoU, commending Telangana’s commitment to sustainable energy, which aligns perfectly with SunPetro’s vision. He praised the state’s proactive approach and highlighted the business-friendly environment of Telangana, making it increasingly attractive for investments. Mr. Shanghvi emphasized that this collaboration aims to efficiently harness renewable energy resources, addressing energy demands while supporting Telangana’s transition to green energy.
Press Release
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