By navigating our site, you agree to allow us to use cookies, in accordance with our Privacy Policy.

NGEL and Maharashtra Government Partner for Green Hydrogen Projects

NGEL and Maharashtra Government Partner for Green Hydrogen ProjectsNTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with Govt of Maharashtra for development of Green Hydrogen and derivatives (Green Ammonia, Green Methanol) of up to 1 million Ton capacity per annum, including Pump Hydro Projects of 2 GW and development of RE projects with or without storage up to 5 GW in the state.

The MoU was exchanged between Shri Mohit Bhargava, Chief Executive Officer, NGEL and Shri Narayan Karad, Deputy Secretary (Energy), GoM in the presence of Hon’ble Chief Minister, Hon’ble Deputy CM and other senior officials.

The above MoU has been signed as a part of Green Investment Plan of Govt of Maharashtra in the next five years and envisages a potential investment of approximately ₹ 80, 000 Crore.

NTPC is in the path of building up RE capacity of 60 GW by 2032.

NGEL is a wholly-owned subsidiary of NTPC and aims to be the flag bearer of NTPC’s Renewable Energy journey with an operational capacity of over 3.4 GW and 26 GW in pipeline including 7 GW under implementation.

Tags

Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

Related Articles

Upcoming Events