Karnataka Power Corporation Limited (KPCL) and Tehri Hydro Development Corporation (THDCL) have signed an MoU to develop various power projects. These projects, once finalised, will lead to an investment of over Rs 150 billion in Karnataka. The MoU pertains to the development of a 100 MW floating solar photovoltaic (PV) plant on the reservoir of the Kadra Dam in Uttara Kannada district; 170 MW of ground-mounted rooftop solar PV plants on the premises of KPCL plants; and a 1,500 MW pumped storage project at Varahi in Shimoga district.
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