NTPC's Green Energy Arm Forms Joint Venture for 10 GW Renewable Projects

NTPC Green Energy Ltd (NGEL) has entered into a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW of renewable energy parks and projects. The agreement was signed in Mumbai by senior officials on Wednesday.

NTPC Green Energy Ltd (NGEL) announced on Thursday that it has formed a joint venture with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) for the development of green projects.

The joint venture aims to develop 10 GW of renewable energy parks and projects across Maharashtra and other states, as per NTPC.

The agreement was signed in Mumbai by NGEL CEO Rajiv Gupta and MAHAPREIT MD Bipin Shrimali, witnessed by other senior officials from both organizations on Wednesday.

(With inputs from agencies.)