NHPC signs MoU with GRIDCO Odisha, for developing 2 GW Pumped Storage Projects and 1 GW Solar Energy Projects in Odisha

NHPC Limited, the largest hydropower development organization in India, signed a memorandum of understanding with GRIDCO OdysseyGovernment of Odisha, per โ€œDevelopment of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odishaโ€. The Memorandum of Understanding provides setting up Self-identified pumped storage projects of at least 2,000 MW and renewable energy projects (ground mounted solar projects / floating solar projects) of at least 1,000 MW in the state.

The Memorandum of Understanding was signed on the 23rdrd June 2023, by the Executive Director (Strategic Business Development & Consulting), NHPC, Rajat Gupta & Managing Director, GRIDCO Limited, Trilochan Panda; attended by the Additional Chief Secretary, Department of Energy, Govt. of Odisha cum President, GRIDCO, Nikunja B. Dhal; Director (Projects), NHPC Limited, Biswajit Basu; and other senior officials from both organizations.

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PIB DELHI | AM/DJM

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