NHPC has signed Memorandum of Understanding (MoU) with Green Energy Development Corporation of Odisha (GEDCOL). The parties may collaborate and cooperate to form a Joint Venture Company (JVC) to plan & develop techno-commercially feasible floating solar power projects of 500 MW in the state of Odisha under UMREPPs Scheme of MNRE, in a phased manner, preferably in packages of 50 MW each. The parties also agree to explore further potential of installing floating solar projects after joint identification in subsequent periods in Odisha State.
NHPC is India's premier hydropower company.
