NTPC along with its subsidiary NTPC Green Energy (NGEL) has signed multiple MoUs with the Government of Madhya Pradesh during the Global Investors Summit, being held at Bhopal on February 24-25, 2025. It includes renewable projects based on solar, wind, pump hydro and other carbon neutral energy sources in the state of Madhya Pradesh.
The first MoU was signed between NGEL and Madhya Pradesh Power Generating Company (MPPGCL) for setting up Renewable Energy projects up to 20 GW or more in the state, at an estimated investment of Rs 1,20,000 crore. The second MOU was signed between the company & government of MP for other sustainable non-fossil fuel power plants at an estimated investment of Rs 80,000 crore. Madhya Pradesh Power Management Company (MPPMCL) has signed this MOU on behalf of the state government.
An agreement was also signed between government of MP & the company, pertaining to an intent to invest around Rs 4,000 crore in setting up 800 MW of pumped hydro storage project in the state.
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.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: