NTPC Green Energy and UPRVUNL Join Forces to Develop Renewable Energy Parks and Projects in Uttar Pradesh

In a significant step towards enhancing renewable energy capacities in Uttar Pradesh, NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has partnered with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) through a Joint Venture Agreement. The collaboration, formalized in a ceremony at UPRVUNL’s Lucknow office on March 4, 2024, marks a pivotal move in supporting the green energy objectives of NTPC and the Government of India’s initiatives for an energy transition.

The agreement, signed by Shri S K Dutta, Director (Projects & Commercial) of UPRVUNL, and Shri V V Sivakumar, CGM of NGEL, in the presence of esteemed officials including Shri P Guruprasad, IAS, Principal Secretary (Revenue) of GoUP, and Shri Ranvir Prasad, IAS, MD of UPRVUNL, lays the groundwork for the development of renewable energy (RE) parks and projects across the state.

This joint venture aligns with the national agenda to increase the share of renewable energy in India’s power mix, contributing to the environmental sustainability goals and meeting the Renewable Generation Obligation (RGO) of UPRVUNL. The generated RE power will significantly contribute to reducing carbon emissions and promoting sustainable energy solutions in Uttar Pradesh.

Shri N S Rao, Regional Executive Director of NTPC, along with other senior officials from NTPC, NGEL, and UPRVUNL, highlighted the joint venture’s role in reinforcing the state’s energy infrastructure with renewable sources. This strategic partnership not only underlines the commitment of both organizations to environmental stewardship but also sets a benchmark for future energy projects in the region.

The initiative is a testament to the collaborative efforts of the state and central government bodies towards achieving India’s ambitious green energy targets and paving the way for a sustainable and energy-secure future.