NTPC REL Inks MoU with NFL to Collaborate in Renewable Energy and Synthesizing Green Ammonia

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NTPC RE Limited (NTPC REL) signed an MoU with National Fertilizers Limited (NFL) to collaborate in the field of Renewable Energy & Green Chemicals and mutually explore opportunities for the supply of 90 MW RE-RTC (Round The Clock) power in phases (30 MW in Phase-1 & 60 MW in Phase-2) and synthesizing 50 TPD Green Ammonia for captive use for production of Industrial products by NFL.

This is a first-of-its-kind novel initiative by two leading CPSEs, to support the country’s commitment to achieving renewable energy targets and reducing greenhouse emissions.

This comes in the backdrop of NTPC announcing its Green Hydrogen initiatives and plan to build the country’s first pilot projects for synthesizing green Methanol, setting up Green Hydrogen filling station, Green hydrogen blending into PNG and Green energy storage project.

Earlier this week NTPC Renewable Energy Ltd has announced signing of memorandum of understanding (MoU ) with the Rajasthan government in order to create 10 GW ultra mega renewable power parks (UMREPP).

The statement stated that NTPC Renewable Energy Ltd (NTPC REL), a wholly owned subsidiary of NTPC, had signed a memorandum of agreement (MOU), with the Government of Rajasthan in order to develop a 10 GW Ultra Mega Renewable Energy Park in Rajasthan.

According to the company, NTPC REL won 4 GW of renewable energy capacity in less than two years after its inception. This was achieved by bidding in different tenders that are in different stages.