NTPC Green Energy (NGEL) has inked a Memorandum of Understanding (MoU) with Bharat Light and Power (BLP) to jointly explore the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Opportunities for selling captured carbon or biogenic carbon from NGEL will also be in scope.
NGEL/or through its affiliates shall set up infrastructure required for functioning of the green hydrogen project including Renewable Energy projects and regular operation under B-O-O mode, as a part of its Net Zero commitments.
NTPC Green Energy is a wholly owned subsidiary of NTPC, a ‘Maharatna’ central public sector enterprise.
