NHPC to develop 2,000 MW of pumped storage, renewable projects in Odisha

NHPC (Photo: Wikimedia Commons)

State-owned NHPC Ltd has signed a preliminary agreement with the Odisha state utility to develop 2,000 MW pumped storage and 1,000 MW renewable energy projects in the state.

A statement issued by the Ministry of Energy said that the MoU signed with GRIDCO Ltd envisages the establishment of self-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 MoU was signed on 23rd June 2023, by the Executive Director (Business Development Strategy & Consultancy), NHPC, Rajat Gupta and Managing Director, GRIDCO Limited, Trilochan Panda.

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First published: June 24, 2023 | 9:00 pm ist