NHPC signs MoU with GGGI to promote clean energy solutions

NHPC Limited has signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) to advance clean energy solutions, including agrivoltaics, green hydrogen, and sustainable financing. The agreement aims to address climate challenges and support India’s low-carbon transition. NHPC and GGGI will collaborate on integrating renewable energy technologies with agricultural practices, developing green hydrogen projects, and driving investments in green energy initiatives, aligning with India’s Paris Agreement commitments and NHPC’s renewable energy targets.

NHPC, operates a diverse portfolio of hydropower, solar, and wind projects, while GGGI focuses on enabling green growth in emerging economies. This partnership is expected to create scalable solutions for climate resilience and green energy adoption, enhancing India’s transition toward sustainable development.

In September 2024, NHPC, elevated to ‘Navratna’ status, gained enhanced operational and financial autonomy to pursue joint ventures, expand globally, and drive strategic investments and mergers.