NHPC Board approves JV for pumped storage hydro and renewable energy projects in Andhra Pradesh

In a significant development, the Board of Directors of NHPC Limited has approved a joint venture (JV) agreement for the establishment of a joint venture (JV) company between NHPC and the Andhra Pradesh Power Generation Corporation Limited (APGENCO).

The partnership aims to bring forth the realisation of ambitious projects encompassing pumped storage hydro power and renewable energy in Andhra Pradesh.