A US trade development agency has inked an MoU with an Indian private firm for the development of a 41-MW hybrid wind, solar, and energy storage power plant in Andhra Pradesh.
The memorandum of understanding was signed between US Trade and Development Agency (USTDA) and private sector firm IL&FS Energy Development Company Limited (IEDCL).
It was inked on the sidelines of the Indo-Pacific Business Forum hosted by the US Chamber of Commerce, where US Cabinet secretaries and senior leaders from government and business discussed potential areas of collaboration in the Indo-Pacific.
According to a press release, IEDCL has selected Black & Veatch, a Kansas-based engineering firm, to carry out the technical assistance for the project that will advance pre-implementation and pre-construction activities for the plant, which is expected to lead to a 1,040 MW installation.
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