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NTPC’s JV signs MoU with Baghirathi Sustainability India

20 Dec 2019 Evaluate

Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, has signed a memorandum of understanding (MoU) with Baghirathi Sustainability India to explore the possibilities of promoting electric vehicles (EVs) in India. 

With this partnership, EESL seeks to deploy around 250 EVs and fast-track the adoption of e-mobility within private and government agencies across India, starting with Telangana, Karnataka and Andhra Pradesh.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 320.30
Tata Power 353.05
Adani Power 197.90
Power Grid Corpn. 257.65
Adani Energy Solut. 1353.00
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