NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, has entered into a strategic partnership with the Government of Uttar Pradesh to develop large-scale Renewable Energy (RE) and Green Hydrogen projects across the state. The agreement was formalized through a Memorandum of Understanding (MoU) signed on January 22, 2026, in Davos, Switzerland, during the World Economic Forum (WEF) Annual Meeting, underlining the international importance of India’s sustainable energy transition.
The MoU was signed by Shri Vijay Kiran Anand, IAS, CEO of Invest UP and UPSIDA, representing the Uttar Pradesh government, and Shri DMR Panda, Executive Director of NGEL. The ceremony was attended by key dignitaries, including Shri Suresh Kumar Khanna, Minister of Finance and Parliamentary Affairs of Uttar Pradesh, along with senior officials from both the state government and NTPC/NGEL.
The collaboration aims to leverage the state’s renewable energy potential, focusing on Green Hydrogen production and other clean energy projects. It aligns with India’s broader climate objectives and its commitment to achieving net-zero emissions. By promoting renewable energy infrastructure, the partnership is expected to drive industrial growth and enhance environmental sustainability in Uttar Pradesh.
Following the signing, NGEL informed the National Stock Exchange of India (NSE) and BSE Limited of the MoU as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was issued by Manish Kumar, Company Secretary and Compliance Officer of NGEL.
Headquartered in Greater Noida, NGEL continues to spearhead NTPC’s green energy initiatives, and this MoU represents a significant step in expanding the company’s renewable portfolio. The partnership demonstrates a strong commitment to advancing green investments in Uttar Pradesh, positioning the state as a key player in India’s clean energy landscape. By combining NTPC’s technical expertise with the government’s policy support, the initiative is poised to strengthen the region’s energy infrastructure while supporting sustainable industrial development.
This strategic move highlights the growing focus on renewable energy and Green Hydrogen in India, reinforcing the country’s role in global clean energy efforts and its pursuit of a sustainable, low-carbon future.
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