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This Article is From Nov 29, 2024

NHPC Signs Agreement With GGGI To Promote Clean Energy And Sustainable Financing

NHPC Signs Agreement With GGGI To Promote Clean Energy And Sustainable Financing
NHPC’s Omkareshwar Power Station in Madhya Pradesh. (Source: Company website)

State-owned NHPC has signed an agreement with Global Green Growth Institute to promote clean energy solutions in green hydrogen and sustainable financing space. The Memorandum of Understanding with the GGGI was signed between officials of both sides in Faridabad on Thursday, the Ministry of Power said in a statement.

The collaboration aims to promote innovative clean energy solutions, focusing on agrivoltaics, green hydrogen, and sustainable financing strategies, the ministry said.

"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," it said.

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