Categories: Agreements

AAI Signs MoU With NTPC Subsidiary, NVVN

The Airports Authority of India (AAI) has signed a Memorandum of Understanding (MoU) with a subsidiary of NTPC Ltd, NTPC Vidyut Vyapar Nigam (NVVN), to promote usage of electric vehicles and set up solar power plants at the airports managed and operated by AAI.

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Under the MoU:

NTPC Vidyut Vyapar Nigam (NVVN) will be provided adequate land and rooftop space by AAI, free of cost, at identified AAI airports to set up solar power plants.
Initially, NVVN will begin working on the projects at airports in Tamil Nadu and Rajasthan.
The solar capacity required at airports in Tamil Nadu and Rajasthan is around 55 MW and 8 MW, respectively to become 100% solar-powered airports.
Apart from this, AAI and NVVN will jointly work towards supporting the government of India’s initiatives for the adoption of electric vehicles by the creation of public charging infrastructure and promoting the usage of electric vehicles at airports.

Important takeaways for all competitive exams:

Airports Authority of India Headquarters: New Delhi.
Airports Authority of India Founded: 1 April 1995.
Chairman of Airports Authority of India: Arvind Singh.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.