-2.90 (-0.83%) NTPC’s renewable energy arm -- NTPC Green Energy (NGEL) has signed a non-binding Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL). The MoU between NTPC’s renewable energy arm NGEL and RVUNL is for development of Renewable Energy Projects up to 25 GW capacity and Green Hydrogen Derivatives up to 1 million ton capacity, both in the state of Rajasthan.
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.