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NHPC Partners with Global Green Growth Institute to Promote Clean Energy Solutions

NHPC Ltd. has signed an MoU with the Global Green Growth Institute to collaborate on agrivoltaics, green hydrogen, and sustainable financing, advancing India’s low-carbon energy transition.

November 30, 2024. By Mrinmoy Dey

NHPC Ltd. has recently signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) to promote innovative clean energy solutions, focusing on agrivoltaics, green hydrogen, and sustainable financing strategies.

The agreement signed on November 28, 2024 at NHPC’s corporate office in Faridabad aims efforts to address climate challenges while advancing India’s transition to a low-carbon economy.

The MoU was signed by V.R. Shrivastava, 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 organisations also attended the ceremony.

Under this 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, 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.”

NHPC Limited, a Navratna hydropower company, drives India’s renewable energy goals through hydro, solar, and wind projects. The Global Green Growth Institute is an international organisation dedicated to promote sustainable growth and green energy in developing nations.

This MoU marks the beginning of a strategic collaboration between the two to pave the way for scalable and impactful green energy solutions.
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