03 Dec 2024
In a major move towards promoting sustainable development and addressing climate change, NHPC signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) on November 28th, 2024, at its corporate office in Faridabad. The MoU was officially signed by Shri V.R. Shrivastava, Executive Director (REGH) of NHPC, and Shri Soumya Prasad Garnaik, Country Head of GGGI, and in the presence of Shri Uttam Lal, Director (Personnel) of NHPC, and Dr. D.K. Khare, Advisor at GGGI. Senior officials from both organisations were also there at the ceremony.
This partnership seeks to advance innovative clean energy solutions, with an emphasis on agrivoltaics, green hydrogen, and sustainable financing approaches. These initiatives are integral to NHPC's comprehensive R&D efforts to tackle climate challenges and support India's transition to a low-carbon economy.
Through this partnership, NHPC and GGGI will collaborate to explore innovative technologies, combine renewable energy solutions with agricultural practices, and attract investments in green projects. This initiative also supports India's wider climate objectives and its commitment to renewable energy as part of the Paris Agreement.
On this occasion, Shri Uttam Lal said, "This partnership reflects NHPC's commitment to embracing innovative clean energy solutions and promoting sustainable development. With GGGI's expertise and NHPC's strong legacy in renewable energy, we are well-positioned to make significant contributions toward a greener future." The MoU signifies the start of a strategic partnership aimed at developing scalable and impactful green energy solutions. NHPC and GGGI reaffirm their commitment to build a sustainable and energy-secure future for future generations.
NHPC Limited is India's leading hydropower company and a prestigious Navratna Enterprise under the Government of India. With an extensive portfolio of hydro, solar, and wind energy projects, NHPC is committed to supporting the country's renewable energy objectives. The Global Green Growth Institute (GGGI) is an international organisation committed to fostering and supporting sustainable economic development in developing and emerging nations, with a focus on green energy solutions and enhancing climate resilience initiatives.
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