Bhubaneswar: The National Hydroelectric Power Corporation (NHPC) has signed a Memorandum of Understanding (MoU) with GRIDCO for development of Pumped Storage Projects (PSPs) and renewable energy in Odisha.
The MoU envisages 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 MoU was signed by Executive Director (Strategy Business Development and Consultancy), NHPC, Rajat Gupta and Managing Director, GRIDCO Limited, Trilochan Panda on Friday.
Additional Chief Secretary, Department of Energy and GRIDCO chairman Nikunja B Dhal; Director (Projects), NHPC Limited Biswajit Basu and other senior officers of both organisations were present.
