MoneyWorks4Me

NTPC Green Energy signs MoU with Assago Industries

03 Feb 2026 Evaluate

NTPC Green Energy has signed a Memorandum of Understanding (MoU) with Assago Industries for supply of Green Ammonia, Carbon Dioxide, Renewable Energy Power and other related utilities for the latter for production of 1000 TPD of Green Urea. The Urea plant being explored to be setup in the NGEL Green Hydrogen Hub at Pudimadaka (near Visakhapatnam), AP.

NTPC Green Energy is a wholly owned subsidiary of NTPC, a ‘Maharatna’ central public sector enterprise. The company is mainly engaged in the activity of developing, building, owning, operating and maintaining utility scale grid connected solar and wind power projects (through O&M operations and in-house engineering).

Peers
Company Name CMP
NTPC 333.25
Tata Power 374.40
Adani Power 211.30
Power Grid Corpn. 268.75
Adani Energy Solut. 1376.40
View more..