NHPC Ltd announced that its subsidiary and the Rajasthan government to develop renewable energy parks with a capacity of 10 gigawatts (GW) in Rajasthan.
The ultra-mega renewable energy power parks (UMREPP) will be developed by NHPC Renewable Energy Limited (NHPC REL), the wholly-owned affiliate of the hydropower firm, which has signed the pact with the Rajasthan government.
As per the agreement, a framework under which parties may collaborate and cooperate for setting up of 10 GW RE Parks (UMREPP) at sites identified inside Rajasthan, by optimum utilization of resources and knowledge base of both parties.
The renewable energy projects are to be “developed either on EPC or developer mode by NHPC REL.
The Rajasthan government earlier had also signed an MoU with NTPC Renewable Energy Ltd (NREL), an arm of the public sector undertaking NTPC Ltd, to develop 10 GW-ultra mega renewable energy power parks in the state.
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