Question
REC Power Development and Consultancy Limited (RECPDCL)
signed an MoU with which company for the joint development of utility-scale renewable energy projects?Solution
The collaboration between REC Power Development and Consultancy Limited (RECPDCL) and Bharat Heavy Electricals Limited (BHEL) for the joint development of utility-scale renewable energy projects signifies a strategic alliance aimed at accelerating India's transition to clean energy. This partnership, focusing initially on 1 GW capacity for commercial and industrial segments, leverages BHEL's engineering prowess and REC Limited's investment expertise. It exemplifies a concerted effort to meet India's ambitious clean energy goals, focusing on solar, wind, and green hydrogen projects, thereby enhancing energy security and sustainability.
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