Indian Oil and NEGL agree on green energy projects

NGEL, the renewable energy (RE) subsidiary of India’s largest electricity producer NTPC Limited, signed a joint venture agreement with Indian Oil Corporation Limited (IOCL), for setting up renewable energy projects to meet round-the-clock (RTC) power requirement of refineries of IOCL. Through the JV, NTPC plans to help IOCL set up RE projects to the tune