NTPC Green Energy’s (NGEL) wholly owned subsidiary -- NTPC Renewable Energy (NTPC REL) has executed a Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India (SECI) for supply of Green Ammonia under the SIGHT Scheme of the National Green Hydrogen Mission, Government of India.
The agreement entails the supply of 70,000 MTPA of Green Ammonia by NTPC REL to Krishna Phoschem, located at Meghnagar, Madhya Pradesh for which SECI is the intermediary procurer. The execution of this agreement marks a significant milestone in NGEL’s Green Hydrogen and Green Ammonia portfolio and reinforces its commitment towards India’s decarbonization goals.
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).
| 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: