Demwe Lower hydropower project: Greenko signs MoA with Arunachal Pradesh
The state government of Arunachal Pradesh has signed a Memorandum of Agreement (MoA) with a special purpose vehicle (SPV) of Greenko Group, Greenko Demwe Power Limited. This MoA is for the implementation of the 1750 MW Demwe Lower Hydroelectric Project on a BOOT (Build, Own, Operate, and Transfer) basis.
As per the updates, the project is a part of the Indian Government's 50,000 MW Hydroelectric Initiative aimed at increasing renewable energy generation capacity across the country.
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