NTPC inks MoU with IIFM-Bhopal for Narmada Landscape Restoration Project
- NTPC Ltd., a PSU under Ministry of Power, has signed a Memorandum of Understanding (MoU) with Indian Institute of Forest Management (IIFM), Bhopal, for the implementation of Narmada Landscape Restoration Project (NLRP).
- IIFM Bhopal is an Autonomous Institute under the Ministry of Environment, Forest and Climate Change (MoEF&CC).
- The NLRP Project involves a grant in aid from NTPC Ltd and United States Agency for International Development (USAID) in equal proportions.
- IIFM-Bhopal will be jointly implementing this project with Global Green Growth Institute (GGGI) [Headquarter-Seoul, South Korea], an intergovernmental organization that promotes sustainable and inclusive economic growth in emerging economies.
- IIFM Bhopal will participate in the project with the grant-in-aid from NTPC, Ltd and GGGI will participate with funding support from USAID.
Key Features of Narmada Landscape Restoration Project (NLRP)
- The NLRP is a 4-year project.
- It will be implemented in Khargone District of Madhya Pradesh, in the catchments of selected tributaries of the River Narmada between Omkareshwar and Maheshwar dams.
- The project would establish an incentivisation mechanism to support the riparian forest and farm communities of the Narmada basin to maintain sustainable landscape practices.
- It would also positively impact the water quality and quantity in the Narmada tributaries.
Source: Economic Times