Published On:January 4 2024
Story Viewed 781 Times
"NHPC Limited Enters into Memorandum of Understanding (MoU) with GPCL"
In a significant development at the Vibrant Gujarat Global Summit 2024, NHPC Limited has formalized a Memorandum of Understanding (MoU) with Gujarat Power Corporation Limited (GPCL). The MoU outlines a proposed investment of Rs. 4,000 crore in the Kuppa Pumped Storage Project, a 750 MW initiative located in Chhota Udaipur, Gujarat. The investment is slated to commence in the fiscal year 2024-25, marking a collaborative effort between NHPC Limited and GPCL to contribute to the growth of renewable energy infrastructure in the region.
EQUITYBULLS