AAI signs an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) to explore alternative solutions for generating green energy at airports

AAI signs an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) to explore alternative solutions for generating green energy at airports

AAI as a responsible organization has taken a progressive step towards conserving environment, reduction of carbon emissions and
working towards making AAI airports carbon neutral. A Memorandum of Understanding was signed today between AAI and NTPC Vidyut Vyapar Nigam Ltd., (NVVN) subsidiary of NTPC Ltd for setting up solar power plants and adoption of e- vehicles at AAI Airports
Ms. Reena Rai, General Manager (Engineering), AAI and Shri K.S. Bandyopadhyay, Chief General Manager, NVVN signed the MoU at AAI`s Corporate Headquarters in presence of Shri Arvind Singh, Chairman, AAI, Shri Gurdeep Singh, CMD (NTPC), Shri A K Gautam, Chairman (NVVN) and Shri Mohit Bhargava, CEO (NVVN) The MoU will lead to the setting up of Solar Power Plants at identified AAI Airports using NVVN’s own resources & expertise benefiting AAI to purchase the Solar Energy generated from Solar Projects on long term basis at the specified tariff, which will be determined through Competitive Bidding on transparent e-tendering procurement portal and in line with the guidelines of Central Electricity Regulatory Commission (CERC) Regulations. AAI will provide the adequate land /roof top space to NVVN free of cost.