NTPC arm signs MoU with Rajasthan govt for 25-GW renewable energy projects

New Delhi: NTPC’s subsidiary company NTPC Green Energy Ltd signed a memorandum of understanding with the Rajasthan government for a 25-gigawatt renewable energy project. 

The memorandum of understanding was signed at the Rising Rajasthan Investor Meet in Delhi, the company said in an exchange filing.

"On the occasion of Rising Rajasthan Investor Meet at New Delhi, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with Govt of Rajasthan on 30th September 2024 for the development of 25 GW of Renewable Energy Projects in the State of Rajasthan.

 The MoU was exchanged between Shri K S Sundaram, Director (Projects), NGEL, and Shri Alok, (IAS) ACS (Energy) in the presence of the Hon’ble Chief Minister of Rajasthan. Senior officials from the Government of Rajasthan and NGEL were also present on the occasion."

Meanwhile, NTPC Green Energy recently filed the draft red herring prospectus (DRHP) for an eventual public listing.