NTPC Green Energy Limited (NGEL) and the Government of Maharashtra have signed an MoU for developing Green Hydrogen, derivatives, Pump Hydro Projects, and RE projects, marking a significant step towards the state’s Green Investment Plan, with an anticipated investment of approximately ₹ 80,000 Crore.
This aligns with NTPC’s goal of achieving 60 GW of RE capacity by 2032. NGEL, a wholly-owned subsidiary of NTPC, is poised to lead NTPC’s Renewable Energy journey with an operational capacity exceeding 3.4 GW and a pipeline of 26 GW, including 7 GW under implementation.
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