US signs MoU with Indian company for power-project in AP
The US Trade and Development Agency (USTDA) and Indian private sector firm IL&FS Energy Development Company Limited (IEDCL) have signed a MoU for the development of a 41 MW hybrid wind, solar, and energy storage power plant in Andhra Pradesh.
The MoU was signed on the sidelines of the Indo-Pacific Business Forum hosted by the US Chamber of Commerce in Washington.
IEDCL selects Black & Veatch for technical assistance for project
IEDCL selected Black & Veatch, a Kansas-based engineering firm, to carry out the technical assistance for the project that will advance pre-construction activities for the plant, which is expected to lead to a 1,040MW installation.
This project is a follow-on to previous USTDA support that assessed the technical, financial, and commercial viability of wind, solar, energy storage hybrid power projects in Gujarat and AP.
IEDCL, AP govt signed MoU to develop 1,040 MW project
IEDCL and the government of Andhra Pradesh signed a Memorandum of Understanding to develop the 1,040 MW project.
Grid modernization through hybrid projects like this one will help promote sustainable economic growth in India, and support the government's goal of reaching 175 GW of capacity from renewable sources by 2022, said Jason Abiecunas, Black & Veatch's Director of Distributed Energy Resources.
United States of America (USA)
India US Relations
Black & Veatch
Chamber of Commerce
Distributed Energy Resources
FS Energy Development Company Limited
Indo-Pacific Business Forum
US Trade and Development Agency