MoneyWorks4Me

NTPC’s arm signs Term Sheet with Greenko ZeroC

29 Mar 2023 Evaluate

NTPC’s step-down subsidiary -- NTPC Renewable Energy has signed Term Sheet with Greenko ZeroC (A Greenko Group Company) on March 28, 2023 to Supply 1300 MW Round the Clock RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada, India. The agreement between the two companies is one of the world’s single largest contract for supply of round-the-clock renewable supply for an industrial client.

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
View more..