NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has successfully executed a major Memorandum of Understanding (MoU) with the Government of Gujarat.
This strategic agreement outlines the development of significant renewable energy capacity within the state, signalling a substantial boost to India’s green energy targets.
The MoU focuses on a combined capacity target of 15 GW (gigawatts).
This ambitious portfolio is split between two primary technologies: the development of Solar Parks and Projects with a cumulative capacity of 10 GW, and the installation of Wind Projects totaling 5 GW in Gujarat.
This partnership is a key initiative aimed at accelerating renewable energy penetration and enhancing the state’s sustainable power matrix.
The signing was a highlight of the Vibrant Gujarat Regional Conference, which was hosted at Mehsana, Gujarat.
NTPC Green Energy Limited (NGEL) formally notified the stock exchanges regarding this material development.
NTPC Compliance :
The disclosure was mandated in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure document was formally signed by Manish Kumar, serving as the Company Secretary & Compliance Officer for NTPC Green Energy Limited.
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जो व्यक्ति कर्म करता है लेकिन उसके फल से आसक्त नहीं होता, वही मुक्त है। उसका मन स्थिर और निर्भय रहता है।
The one who acts without attachment to results and remains free from worldly desires is truly liberated. Their mind is steady and fearless.
