NHPC’s wholly owned subsidiary -- NHPC Renewable Energy (NHPC REL) has signed a Memorandum of Understanding (MoU) with Government of Rajasthan (GoR) for Development of Ultra Mega Renewable Energy Power Park in the state of Rajasthan. The main objectives of MOU are setting up of 10 GW RE Parks (UMREPP)/ Projects at sites identified inside Rajasthan, by optimum utilization of resources and knowledge base of both Parties; develop the RE Park & projects in the areas identified. As per the MoU, Renewable Energy Projects to be developed either on EPC or Developer mode by NHPC REL.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.
