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Indus Towers inks MoU with NTPC Green Energy

19 Apr 2024 Evaluate

Indus Towers has signed Memorandum of Understanding (MoU) with NTPC Green Energy (NGEL) to address the need for pacing green energy objectives and the Government of India’s efforts towards carbon neutral economy.

The MoU is to explore a joint development of grid connected Renewable Energy based Power Projects including Solar, Wind, Energy storage etc. and/or solutions thereof. Indus Towers aims to expand its renewable energy portfolio in a phased manner to Giga Watt scale capacity, for its business operations spread across the country, as a part of its Net Zero commitments.

Indus Towers is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.


Peers
Company Name CMP
Bharti Airtel 1791.00
Vodafone Idea 14.10
Indus Towers 380.00
Tata Communications 1671.60
Railtel Corp. India 261.35
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