☰ Accessibility

NTPC Green Energy, a subsidiary of NTPC Limited, has taken major steps to expand its renewable energy footprint in India through strategic agreements with state authorities.

Solar and Wind Projects in Gujarat

NTPC Green Energy signed a memorandum of understanding (MoU) with the Government of Gujarat to develop solar parks and projects with a cumulative capacity of 10 GW, along with 5 GW of wind projects in the state. This partnership aims to strengthen Gujarat’s renewable energy infrastructure and contribute significantly to India’s clean energy targets.

Green Hydrogen Initiatives at VOC Port, Tamil Nadu

In September, NTPC Green Energy also signed an MoU with the V.O. Chidambaranar Port Authority (VOCPA) in Tamil Nadu to promote green energy technologies, focusing on the green hydrogen mobility scheme. Under this initiative:

  • NTPC Green will establish a green hydrogen fuelling station at VOC Port.
  • Hydrogen-powered Internal Combustion Engine (ICE) trucks will be deployed for port operations, supporting a phase-out of fossil fuel vehicles and promoting decarbonisation and energy security.

The company has already implemented similar projects at Surat, Gujarat, as well as in Leh, Ladakh; Greater Noida, Uttar Pradesh; Bhubaneswar, Odisha; and Kandla Port, Gujarat.

Green Hydrogen Hub and Renewable Capacity Targets

NTPC Green Energy is developing a green hydrogen hub in Vishakhapatnam, Andhra Pradesh, and aims to achieve 60 GW of renewable energy capacity by 2032, including energy storage solutions.

Strategic Vision

As the umbrella entity for NTPC’s green energy ventures, NTPC Green Energy pursues projects through organic and inorganic routes, participates in bidding processes, tenders, and Ultra Mega Renewable Energy Power Parks (UMREPP), and seeks to position itself as a leading green energy player in India and globally.

Summary

NTPC Green Energy is accelerating India’s renewable energy transition with MoUs for 10 GW solar and 5 GW wind projects in Gujarat and a green hydrogen mobility project at VOC Port, Tamil Nadu. With ongoing initiatives across multiple states and a target of 60 GW renewable capacity by 2032, the company aims to be a flag-bearer of NTPC’s green energy journey, combining decarbonisation, energy security, and innovation

Disclaimer:

This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.

Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.