NLC India Ltd., a Public Sector Undertaking under the Ministry of Coal, has agreed to establish ground mounted/floating solar power projects, pumped hydro storage projects, green hydrogen, and other renewable projects with Grid Corporation of Odisha (GRIDCO).
According to a press release, the MoU was signed in the presence of Odisha Chief Minister Naveen Patnaik and Rakesh Kumar, Chairman-cum-Managing Director of NLCIL, at the ‘Make in Odisha’ conclave held in Bhubaneshwar on Thursday by K. Mohan Reddy, Director (Planning and Projects), NLCIL, and Trilochan Panda, Managing Director of GRIDCO.
According to the press release, the MoU will allow NLCIL and GRIDCO to contribute to national green energy targets and energy transition goals.