NHPC, India’s leading hydropower company, signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) on November 28, 2024, in Faridabad. The MoU was signed by Shri V.R. Shrivastava, Executive Director (REGH), NHPC, and Shri Soumya Prasad Garnaik, Country Head of GGGI, with Shri Uttam Lal, Director (Personnel), NHPC, and Dr. D.K. Khare, Advisor, GGGI, also present at the signing ceremony.
The partnership aims to drive forward clean energy solutions, with a focus on agrivoltaics, green hydrogen, and sustainable financing models. These initiatives are part of NHPC’s ongoing research and development efforts to tackle climate challenges and support India’s transition to a low-carbon economy.
As part of the collaboration, NHPC and GGGI will work on exploring innovative technologies, integrating renewable energy with agricultural practices, and attracting investments in green projects. The MoU also supports India’s climate goals, particularly its commitment to renewable energy under the Paris Agreement.
On the occasion, Shri Uttam Lal emphasized, “This partnership highlights NHPC’s commitment to adopting cutting-edge clean energy solutions and promoting sustainable development. With GGGI’s expertise and NHPC’s legacy in renewable energy, we are poised to make significant contributions to a greener future.”
The MoU marks the beginning of a strategic partnership aimed at developing scalable, impactful green energy solutions. Both NHPC and GGGI reaffirmed their commitment to building a sustainable and energy-secure future.
NHPC is India’s premier hydropower company and a Navratna enterprise under the Government of India. The company has a strong portfolio across hydro, solar, and wind projects, contributing significantly to the nation’s renewable energy ambitions.
The Global Green Growth Institute is an international organization focused on promoting sustainable economic growth in developing countries by advancing green energy and climate resilience initiatives.
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