THDC India Ltd (THDCIL) Chairman and Managing Director R K Vishnoi has announced plans to establish 3,270 megawatts (MWs) of sustainable energy projects in Karnataka, including pumped storage and floating solar.

The Uttarakhand-based business and the Karnataka Power Corporation Limited (KPCL) and Karnataka Renewable Energy Development Limited (KREDL) in Bengaluru inked two memoranda of agreement on Thursday in this regard.

"These collaborative efforts encompass the development of a diverse range of projects, spanning ground-mounted, floating solar projects, and hybrid projects including pumped storage projects (PSPs) with a cumulative capacity of around 3,270 MW," Vishnoi said in a company statement.

Gaurav Gupta, managing director of KPCL, and K P Rudrappaiah, MD of KREDL, signed the agreement with Bhupender Gupta, Director (Technical), THDCIL, in presence of K J George, Minister of Energy, Government of Karnataka.