NTPC signed a Memorandum of Understanding (MoU) with Indian Institute of Forest Management (IIFM), Bhopal, on 4th December, 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 with the grant-in-aid from NTPC, Ltd. will be jointly implementing this project with Global Green Growth Institute (GGGI), an intergovernmental organization that promotes sustainable and inclusive economic growth in emerging economies.
- 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.
- This is expected to positively impact the water quality and quantity in the Narmada tributaries.