NHPC Limited, the largest hydropower development organization in India, has signed a Memorandum of Understanding with GRIDCO Odisha, Government of Odisha, for “Development of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odisha”.
The MoU envisages setting up Self-identified Pumped Storage Projects of at least 2,000 MW and Renewable Energy Projects (Ground-Mounted Solar Projects / Floating Solar Projects) of at least 1,000 MW in the state.
The MoU was signed on 23rd June 2023, by Executive Director (Strategy Business Development and Consultancy), NHPC, Rajat Gupta and Managing Director, GRIDCO Limited, Trilochan Panda; in the presence of Additional Chief Secretary, Department of Energy, Govt. of Odisha cum Chairperson, GRIDCO, Nikunja B. Dhal; Director (Projects), NHPC Limited, Biswajit Basu; and other senior officers of both organizations.
 with GRIDCO Odisha and the Government of Odisha. The agreement aims to develop Pumped Storage Projects (PSPs) and Renewable Energy Projects in the state. The partnership involves the establishment of self-identified Pumped Storage Projects of at least 2,000 MW and Renewable Energy Projects, including Ground-Mounted and Floating Solar Projects, totaling at least 1,000 MW. The signing ceremony, attended by key officials from NHPC Limited and GRIDCO Odisha, marks a significant step towards the expansion of sustainable energy infrastructure in Odisha.){kind=link}