PSUs

NTPC and HPCL sign MoU for renewable energy business for HPCL refineries

By IndianMandarins- 05 Jan 2023
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ntpc-and-hpcl-sign-mou-for-renewable-energy-business-for-hpcl-refineries

New Delhi (05.01.2023): NTPC Green Energy Ltd (NGEL) signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for Development of Renewable Energy based Power Projects to tap Business opportunities in RE and supply of 400 MW round the clock renewable power for requirements of HPCL. The MoU was signed by Neeraj Sharma, Head of Finance, NGEL and Shuvendu Gupta, Executive Director- BioFuels & Renewables, HPCL.
This MoU marks the first step for NGEL and HPCL to collaborate and cooperate in the field of development of Renewable Energy projects which shall help HPCL in meeting its Clean Energy Commitments.

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