The subsidiary company shall develop renewable energy projects either in stand-alone mode or through formation of Special Purpose Vehicles with collaboration of other agencies, the ministry said. Currently, NHPC's total installed generation capacity stands at 7,071 mega-watt (MW) which includes 100 MW of solar and wind energy-based plants. Another 5,999 MW of Hydro and 105 MW of solar plants are under construction. NHPC is expanding its renewable energy portfolio and has taken up several projects under different modes, which are presently under tendering or development stage. Recently, NHPC signed Letter of Intent with Rajasthan Renewable Energy Corporation Limited (RRECL) for development of 10,000 MW renewable energy projects and parks in Rajasthan.