Page 62 - August-2020-Issue

PSEs Ink MoU

NHPC signs MoU for Exploring NMDC and IIT Hyderabad

Possibilities for Cement signs MoU for Joint Incubation
Requirement for 2880 MW Program to Support Deep-Tech
Dibang Multipurpose Project Start-ups

NMDC and i-TIC Foundation, IIT Hyderabad,
signed an agreement to support start-ups through
a collaborative joint incubation program, NMDC
Innovation & Incubation Centre [NICE]. This
is consistent with the flagship initiative of the
Government of India - 'Startup India', intended to
build a strong ecosystem that is conducive for the
growth of start-up businesses, to drive sustain-
able economic growth and generate employment
opportunities.
The Collaborative agreement was signed by Mr.
P. K. Satpathy, Director (Production) on behalf of
NMDC and Dr. B. S. Murty, Director, IIT Hyderabad
& President, i-TIC Foundation, IIT - Hyderabad in
presence of Mr. N Baijendra Kumar, IAS, CMD,
Mr. A. K. Singh, CMD, NHPC and Mr. B.V.N Prasad CMD, CCI
exchange documents after signing MoU in the presence of NMDC at the NMDC headquarters in Hyderabad.
senior officials from NHPC & CCI. Mr. Amitava Mukharjee, Director (Finance), Mr.
Alok Kumar Mehta, Director (Commercial), Mr.
NHPC Limited signed a Memorandum of Sumit Deb, Director (Personnel) and other senior
Understanding (MoU) with Cement Corporation officers from NMDC and IIT, Hyderabad were also
of India Limited (CCI) for exploring possi- present.
bilities for cement requirement for 2880 MW NMDC in partnership with i-TIC Foundation, IIT
Dibang Multipurpose Project. The MoU was Hyderabad will establish the start-up eco-system
signed by Mr. A. K. Singh, Chairman and
Managing Director, NHPC and Mr. B. V. N.
Prasad, Chairman and Managing Director, CCI
at NHPC Corporate Office, Faridabad. Mr. S.
Sakthimani, Director (Finance), CCI, Mr. V. K.
Maini, Executive Director (SBD&C), NHPC
and other senior officers of both the organizations
were also present on the occasion.
The MoU will pave the way for addressing the cement
requirement for Dibang Multipurpose Project.
Consequent upon confirmation of studies,
CCI has proposed to install a clinker grinding
unit near the project area, which besides fulfilling
the cement requirement of Dibang Multipurpose
Project, will also generate employment opportuni-
ties in the area subject to finalization of modalities Signing of MoU between NMDC and IIT, Hyderabad in the
subsequently. presence of Mr. N. Baijendra Kumar, IAS, CMD, NMDC.

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