NHPC to Invest in Solar Power Project and Green Hydrogen Production in Bihar
Key Ideas
- NHPC to invest Rs 5,500 crore for a 1,000 MW solar power project in Bihar, aiming to complete it within 1.5-2 years.
- The company plans to produce green hydrogen from solar energy to power passenger buses, aligning with the government's vision for promoting green hydrogen as a fuel.
- NHPC's Chairman announced the investment at the Bihar Business Connect 2024 summit, signing an MoU with the state government.
- NHPC is already operating 7 gigawatts of hydropower plants and has 9.3 gigawatts under construction, with additional green projects in Gujarat and other states.
NHPC, a public company in India, is set to invest Rs 5,500 crore in a 1,000 MW solar power project in Bihar. The Chairman announced this at the Bihar Business Connect 2024 summit, signing an MoU with the state government. The project aims to be completed within 1.5-2 years once land acquisition is finalized. NHPC also plans to produce green hydrogen from solar energy to power passenger buses, supporting the government's vision for green hydrogen as a fuel. The company currently operates 7 gigawatts of hydropower plants and has 9.3 gigawatts under construction. NHPC is also working on similar green energy projects in Gujarat and other states, emphasizing sustainability and future technology.