NTPC Ltd.

NTPC’s wholly owned subsidiary -- NTPC Green Energy (NGEL) and Nayara Energy, a new-age international downstream energy company of international scale, have entered into a Memorandum of Understanding (MoU) to explore opportunities in the Green Hydrogen and Green Energy space.

The MoU envisages collaboration to produce Green Hydrogen for Nayara Energy's captive usage, accelerate decarbonisation and catalyse reduction in carbon footprint. The collaboration is in line with NTPC's initiatives to develop hydrogen projects in India and aligns with the vision of a self-reliant India (Atmanirbhar Bharat) as laid out by the Prime Minister.

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.