NGEL, a wholly owned subsidiary of NTPC, signed a joint venture agreement with IOCL for setting up of renewable energy projects to meet round the clock power requirement of IOCL refineries.
The agreement was signed in the presence of Gurdeep Singh, CMD, NTPC; Shrikant Madhav Vaidya, chairman, IOCL; DK Patel, director (HR), NTPC; UK Bhattacharya, director (projects), NTPC; Jaikumar Srinivasan, director (finance), NTPC; Sukla Mistry, director (R), IOCL.
NTPC has set an ambitious target of building a renewable generation portfolio of 60 GW over the next decade to aggressively pursue its green energy business.
Tags: Green Energy, IOCL, NGEL, RE Projects
Recent Posts
Electric vessels leading Singapore’s decarbonization journey
Hanwha Ocean invests into ammonia technology with Amogy
Neste and New Jersey Natural Gas to cut GHG emissions
Marriott International commits to achieve netzero by 2050
CEEC Hydrogen signs agreement with Headway Technology on green fuels
IIT Bombay partners with HSBC to support green hydrogen initiatives
ARAI receives 13 bids for green hydrogen projects
Crude oil consumption increased by 4.6% in FY24: PPAC