PSU Watch logo

| Opening up coal sector not a challenge to Coal India: Coal India Chairman |   | NBCC, RINL sign MoU for redevelopment & monetisation of land parcels in Visakhapatnam |   | IEX electricity market sees 50% y-o-y growth in Feb |   | RailTel bags an advance purchase order of Rs 25.46 crore from BSNL |   | RailTel launches prepaid wi-fi at 4,000 railway stations, read details |   | Bombay HC suspends tender for privatisation of Dadra & Nagar Haveli, Daman & Diu discoms |  

NTPC signs MoU with IIFM-Bhopal for Narmada landscape restoration project

Narmada landscape restoration project is a programme in partnership with a grant in aid from NTPC Limited and United States Agency for International Development (USAID) in equal proportions

NTPC signs MoU with IIFM-Bhopal for Narmada landscape restoration project
NTPC signs MoU with IIFM-Bhopal for Narmada landscape restoration project
  • NTPC and IIFM-Bhopal have signed an MoU for Narmada landscape restoration project

  • The project is in partnership with a grant in aid from NTPC Limited and USAID in equal proportions

New Delhi: NTPC Limited, a Maharatna Power PSU has signed a memorandum of understanding (MoU) with Indian Institute of Forest Management (IIFM), Bhopal, to implement the Narmada landscape restoration project. The program is in partnership with a grant in aid from NTPC Limited and United States Agency for International Development (USAID) in equal proportions.

The four-year project will be implemented in Khargone district of Madhya Pradesh, in the catchments of selected tributaries of the River Narmada between Omkareshwar and Maheshwar dams. IIFM,-Bhopal, an autonomous institute under the Ministry of Environment, Forest and Climate Change (MoEF&CC), with the grant-in-aid from NTPC Limited will be jointly implementing this project with Global Green Growth Institute (GGGI), an intergovernmental organisation that promotes sustainable and inclusive economic growth in emerging economies. GGGI will participate in this project with funding support from USAID, the international development arm of the US government.

NLRP’s collaborative and participatory approach will demonstrate the interdependency of the upstream sustainably managed forest and farm practices on downstream water resources. The project aims to establish an incentivisation mechanism that can continue to support the riparian forest and farm communities of the Narmada basin to maintain sustainable landscape practices. This is expected to positively impact the water quality and quantity in the Narmada tributaries.

NTPC Limited’s Executive Director (SSEA) & CSO SM Chowdhury commented, “NTPC Limited through its business and corporate social responsibility (CSR) activities is committed towards sustainable development of the nation, economic and social upliftment of the society as well as the fostering of a healthy environment.”

He further said, “Through NLRP, NTPC Limited is extending its support to demonstrate nature-based solutions for enhancing ecosystem services, primarily water. NLRP’s theme is aligned with NTPC’s sustainability approach of contributing towards a clean and sustainable environment concerning land, water and air. We are very proud and excited to have partnered with IIFM, GGGI and USAID in this project which will benefit the farmers, forest communities as well as women in the catchment of river Narmada in Khargone district of Madhya Pradesh.”

ALSO READ: NTPC develops geo-polymer aggregate from fly ash

IIFM-Bhopal’s Director Dr Pankaj Srivastava said, “This consortium project with the collaboration of NTPC – IIFM – GGGI – USAID will open new vistas that will manage our watersheds to maintain water quality and supplement smart cities by introducing a smarter way of purification of urban water supplies.” He added that “Incentives to downstream rural communities for maintenance of ecosystem services of natural forests and creation of man-made buffers for natural purification of water will be a win-win situation for water consumers of Indore as well as residents of villages in the source water zone.”

On scaling up, the incentivisation mechanism and its resultant improvement in water quality and quantity are expected to greatly benefit the city of Indore, which draws over 60 percent of its municipal water supply from River Narmada.

(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)