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NTPC signed MoU with IIFM

NTPC signed MoU with IIFM

NEW DELHI: NTPC Ltd 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 Ltd and United States Agency for International Development (USAID) in equal proportions.
 
The 4-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  GOI , with the grant-in-aid from NTPC, Ltd. will be jointly implementing this project with Global Green Growth Institute (GGGI), an intergovernmental organization  .  GGGI will participate in this project with funding support from USAID, the international development arm of the US Government.
 
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. 
 
Shri SM Chowdhury, Executive Director (SSEA) & CSO, NTPC Ltd. commented, “NTPC Ltd. 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 Ltd. 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. 
 
Dr. Pankaj Srivastava, Director, IIFM, Bhopal 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.”
 
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% of its municipal water supply from River Narmada.

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