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NTPC’s arm signs MoU with Greenko Energies

26 Aug 2020 Evaluate

NTPC’s wholly-owned subsidiary -- NTPC Vidyut Vyapar Nigam has signed a memorandum of understanding (MoU) with Greenko Energies. The objective of the partnership is to explore the possibility of development of renewable energy based round-the-clock, flexible and dispatchable power supply offering based on integration of RE sources and pumped storage projects. The value proposition of the potential offering will be to meet the evolving bespoke requirements of discoms and other power consumers in India in real-time.

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 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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