 Agencies
NEW DELHI, Sept 28: NHPC and APGENCO have signed a Joint Venture Agreement on 27th September 2024 for implementation of Pumped Storage Hydro Power Projects and other Renewable Energy Projects in Andhra Pradesh in phases. In first phase two projects namely Yaganti PSP (1000 MW) & Rajupalem PSP (800 MW) are considered for joint implementation. Subsequently, other projects shall be identified in next phase. The Agreement was exchanged in the august presence of N. Chandrababu Naidu, Chief Minister of Andhra Pradesh between R.K. Chaudhary, Chairman & Managing Director, NHPC and KVN Chakradhar Babu, Managing Director, APGENCO. On this occasion, Gottipati Ravi Kumar, Hon'ble Energy Minister of Andhra Pradesh, K. Vijayanand, Special Chief Secretary (Energy), Government of Andhra Pradesh, R.P. Goyal, Director (Finance), NHPC, Rajat Gupta, Executive Director (SBD&C), NHPC, Kirthi Chekuri, JMD, APTRANSCO were also present.
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