NHPC, GRIDCO Odisha Partner for 3 GW Projects in Odisha
POWER & RENEWABLE ENERGY

NHPC, GRIDCO Odisha Partner for 3 GW Projects in Odisha

NHPC, which is the largest hydropower development organisation in India, has entered into a Memorandum of Understanding (MoU) with GRIDCO Odisha, which is the Government of Odisha's utility company. The purpose of this MoU is to collaborate on the "Development of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odisha." According to the MoU, NHPC and GRIDCO Odisha will work together to establish Pumped Storage Projects with a minimum capacity of 2,000 MW, as well as Renewable Energy Projects consisting of Ground-Mounted Solar Projects or Floating Solar Projects with a minimum capacity of 1,000 MW in the state of Odisha.

The MoU was signed by Rajat Gupta, the Executive Director (Strategy Business Development and Consultancy) of NHPC, and Trilochan Panda, the Managing Director of GRIDCO. The signing ceremony took place in the presence of Nikunja B Dhal, who is the Additional Chief Secretary of the Department of Energy and also serves as the Chairperson of GRIDCO, and other senior officers from both NHPC and GRIDCO, including Biswajit Basu, the Director (Projects) of NHPC.

Also read:
Maha, Renew Power tie-up for RE project in Nagpur
Vikram Solar JV to invest in new US factories


NHPC, which is the largest hydropower development organisation in India, has entered into a Memorandum of Understanding (MoU) with GRIDCO Odisha, which is the Government of Odisha's utility company. The purpose of this MoU is to collaborate on the Development of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odisha. According to the MoU, NHPC and GRIDCO Odisha will work together to establish Pumped Storage Projects with a minimum capacity of 2,000 MW, as well as Renewable Energy Projects consisting of Ground-Mounted Solar Projects or Floating Solar Projects with a minimum capacity of 1,000 MW in the state of Odisha. The MoU was signed by Rajat Gupta, the Executive Director (Strategy Business Development and Consultancy) of NHPC, and Trilochan Panda, the Managing Director of GRIDCO. The signing ceremony took place in the presence of Nikunja B Dhal, who is the Additional Chief Secretary of the Department of Energy and also serves as the Chairperson of GRIDCO, and other senior officers from both NHPC and GRIDCO, including Biswajit Basu, the Director (Projects) of NHPC. Also read: Maha, Renew Power tie-up for RE project in Nagpur Vikram Solar JV to invest in new US factories

Next Story
Real Estate

UP Housing Board Finalises 40-Acre Development Plan in Vasundhara

The Uttar Pradesh Housing and Development Board (UPHDB) has finalised a 40-acre development plan in sectors seven and eight of Vasundhara, Ghaziabad, under a mixed land use model. The layout includes a 10-acre satellite centre for the All India Institute of Medical Sciences (AIIMS) and two major plots of 20 and 10 acres for group housing and commercial use. According to officials, the project falls under the Transit-Oriented Development (TOD) zone of the Regional Rapid Transit System (RRTS) corridor, with the Sahibabad Namo Bharat station located nearby. The auction process for the plots is e..

Next Story
Infrastructure Urban

Marubeni To Invest Rs 10 Billion in Telangana’s Future City Industrial Park

Japanese conglomerate Marubeni Corporation has signed a Letter of Intent with the Telangana government to develop a next-generation industrial park in the state’s upcoming Future City. The announcement was made during the official visit of the Telangana Rising delegation, led by Chief Minister A Revanth Reddy, to Japan. Marubeni has proposed an initial investment of Rs 10 billion to develop the industrial park in phases over 600 acres. The park will cater to Japanese and other multinational firms seeking to establish manufacturing operations in Hyderabad. The proposed development is expect..

Next Story
Infrastructure Urban

Assam CM Launches Projects Worth Over Rs 1 Billion in Karbi Anglong

Assam Chief Minister Himanta Biswa Sarma inaugurated development projects worth over Rs 1 billion on the first day of his two-day visit to Karbi Anglong. At a public event near Rengbonghom H S School in Diphu, the Chief Minister launched road and bridge upgrades aimed at transforming regional connectivity. Speaking at a separate programme focused on Anganwadi Centres, Sarma distributed pre-school kits and emphasised the importance of early education in building a strong academic foundation. He also assured that remuneration for Anganwadi workers and helpers would be increased from 1 October, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?