NTPC Ltd.

NTPC’s wholly owned subsidiary --NTPC Renewable Energy has signed an Memorandum of Understanding (MoU) with Indian Army for setting up Green Hydrogen Projects in its establishments on Build, Own and Operate (BOO) model. The intent is to reduce complex logistics, dependence on fossil fuels and to accelerate decarbonization.

Under the ambit of the MoU a joint identification of potential sites would be undertaken for setting up of green hydrogen projects for supplying electricity, in a phased manner. The MoU signals an advanced approach for modernization by Indian Army and NTPC’s commitment to serve the nation and assist its decarbonization goals. This agreement is a first of its kind and ushers in a new era of border security backed with energy security for the lines of defence of the country.

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.