Guwahati, May 28 -- Reported by Sandeep Sharma

Guwahati: In a major push to India's renewable energy ambitions, the Arunachal Pradesh government on Wednesday signed a Memorandum of Agreement (MoA) with Greenko Demwe Power Limited for the implementation of the 1,750 MW Demwe Lower Hydroelectric Project in Lohit district.

The project will be developed on a BOOT (Build, Own, Operate and Transfer) basis and is being described as one of the largest hydropower collaborations involving a private developer in Arunachal Pradesh.

The agreement was signed between the Government of Arunachal Pradesh and Greenko Demwe Power Limited, formerly known as Athena Demwe Power Limited, for execution of the project near Parasuram Kund and Brahma Kund on the...