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Signing of MoU between Govt. of Odisha through GRIDCO Limited and NHPCLimited for “Development of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odisha”

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Faridabad, June 25: A Memorandum of Understanding (MoU) has been signed between NHPC Limited and Govt. of Odisha through GRIDCO Limited for “Development of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odisha” on 23rdJune 2023. The MoU was signed in the presence of Nikunja B. Dhal, IAS, Additional Chief Secretary, Department of Energy, Govt. of Odisha cum Chairman, GRIDCO and Biswajit Basu, Director (Projects), NHPC Limited. 

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The MoU was signed by Rajat Gupta, Executive Director (SBD&C), NHPC and Trilochan Panda, Managing Director, GRIDCO Limited.Other senior officers from both the organizations were also present during the occasion. The MOU envisages setting up of Self-identified Pumped Storage Projects at least 2000 MW and Setting up of Renewable Energy Projects (Ground Mounted Solar Projects/Floating Solar Projects) of 1000 MW or above in the State.