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NTPC’s arm inks MoU with Government of Rajasthan

04 Jul 2022 Evaluate

NTPC’s wholly owned subsidiary -- NTPC Renewable Energy (NTPC REL) has signed Memorandum of Understanding (MoU) with Government of Rajasthan for Development of 10 GW Ultra Mega Renewable Energy Power Park in Rajasthan.

The MoU signing marks another step towards achieving Renewable Capacity addition targets of NTPC. In less than 2 years since its inception, NTPC REL has won 4 GW Renewable Energy capacity by bidding in various tenders which are under different stages of implementation. Additionally, NTPC REL is developing one UMREPP of 4.75 GW capacity in Rann of Kutch, Gujarat and NTPC REL has also entered into a Joint Venture Agreement with DVC for developing RE Parks and Projects.

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.

NTPC Share Price

402.20 1.75 (0.44%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 402.20
Tata Power 436.00
Adani Power 225.15
Power Grid Corp 313.90
Torrent Power 1724.80
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