The Government of Telangana has signed a Memorandum of Understanding (MoU) with Megha Engineering and Infrastructures Limited (MEIL) to establish a 2,160 MW Pumped Storage Project (PSP) in the state. The project entails an investment of Rs.110 billion and is expected to boost the state’s renewable energy capacity and infrastructure. The MoU was signed on January 21, 2025.
Hero Future Energies Private Limited (HFEPL) has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 110 billion in renewable energy and green hydrogen projects. The investment will be allocated for establishing renewable energy, green hydrogen, and its derivatives projects in Karnataka over the next two to three years. The projects are set to commence in 2025-26 and are expected to create over 3,000 jobs. The Karnataka government will provide…
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Company Limited (CSPGCL) to develop renewable energy projects with a capacity of up to 2000 MW. The projects will include floating solar power installations. The MoU was signed on November 26, 2024, in Raipur by Shri G. K. Gupta, Chief Engineer of CSPGCL, and Shri D. Joshi, General Manager (Engineering) of NGEL.
On October 14, 2024, PFC Consulting Ltd (PFCCL), a wholly-owned subsidiary of Power Finance Corporation, signed a memorandum of understanding (MoU) with the Central Electricity Authority (CEA) to collaborate on generation, transmission, and distribution projects. PFCCL, which provides consultancy services to the power sector, also plays a crucial role in developing ultra mega power projects (UMPPs) and acts as the Bid Coordinator for selecting developers for independent transmission projects (ITPs), as appointed by the Ministry…