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NHPC partners with GGGI to drive Clean Energy Innovations

Published: Nov 30, 2024

By TIOLCorplaws News Service

NEW DELHI, NOV 30, 2024: IN a significant step toward fostering sustainable development and combating climate change, NHPC signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) at its Corporate Office, Faridabad on November 28th, 2024. The MoU was signed by V.R. vastava, Executive Director (REGH), NHPC and Soumya Prasad Garnaik, Country Head of GGGI in the presence of Uttam Lal, Director (Personnel), NHPC and Dr. D.K. Khare, Advisor, GGGI. Senior officials from both organizations also attended the ceremony.

This collaboration aims to promote innovative clean energy solutions, focusing on agrivoltaics, green hydrogen, and sustainable financing strategies. These initiatives are part of NHPC's robust R&D efforts to address climate challenges while advancing India's transition to a low-carbon economy.

Under the partnership, NHPC and GGGI will work together to explore cutting-edge technologies, integrate renewable energy solutions with agricultural practices, and drive investments in green projects. The initiative also aligns with India's broader climate goals and commitment to renewable energy under the Paris Agreement.

Speaking on the occasion, Uttam Lal stated, "This partnership signifies NHPC's dedication to adopting innovative clean energy solutions and supporting sustainable development. With GGGI's expertise and NHPC's legacy in renewable energy, we are poised to make impactful contributions toward a greener future."

The MoU marks the beginning of a strategic collaboration to pave the way for scalable and impactful green energy solutions. NHPC and GGGI reaffirm their commitment to creating a sustainable, energy-secure future for generations to come.

NHPC Limited is India's premier hydropower company and a Navratna Enterprise of the Government of India. With a strong portfolio of hydro, solar and wind projects, NHPC is committed to advancing the nation's renewable energy goals.

The Global Green Growth Institute is an international organization dedicated to supporting and promoting sustainable economic growth in developing and emerging countries by focusing on green energy and climate resilience initiatives.

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