IREDA Signed MoU with SJVN & GMR For 900 MW Hydro Project in Nepal

Current Context: The Indian Renewable Energy Development Agency (IREDA) signed a Memorandum of Understanding (MoU) with SJVN Ltd. and GMR Energy Ltd. for the development of a 900 MW hydroelectric project in Nepal.

• Here are the key details:
• Signing Date: September 9, 2024.
• Place: The MoU was signed in New Delhi, India.
• Aim: The collaboration aims to develop and implement the 900 MW Upper Karnali hydroelectric project in Nepal. This project is intended to enhance regional energy security and expand renewable energy infrastructure.
• Significance: This initiative underscores IREDA’s commitment to advancing renewable energy projects and fostering regional cooperation.
• It will help harness Nepal’s hydropower potential and contribute to sustainable growth in the region.

Question:

1 What is the primary aim of the collaboration between IREDA, SJVN Ltd., and GMR Energy Ltd.?

• A) To develop thermal power plants in Nepal
• B) To develop and implement a 900 MW hydroelectric project
• C) To establish wind energy projects
• D) To improve nuclear energy infrastructure

Answer: B) The collaboration aims to develop the 900 MW Upper Karnali hydroelectric project in Nepal, which will enhance energy security and renewable infrastructure.