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JSW Energy signs MoU with Maharashtra to make EV, storage system

JSW Energy has signed an agreement with Maharshtra, for setting up manufacturing unit for Electric Vehicles (EV) and Energy Storage Systems.

In a BSE filing the company stated, “In addition to the earlier MoU with the Government of Gujarat with respect to EV manufacturing and associated businesses, the Company has now entered into another MoU with the Government of Maharashtra for setting up facilities for the manufacturing of EV and Energy Storage Systems in the state of Maharashtra, subject to receipt of internal corporate approvals.”

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