NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd., has recently signed a Joint Venture Agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT).
Shri Rajiv Gupta, CEO (NGEL), and Shri Bipin Shrimali, MD (MAHAPREIT) signed the JVA in Mumbai, in the presence of other senior NGEL and MAHAPREIT officials.
The JV Company will establish 10 GW of renewable energy parks and projects in Maharashtra or any other state in India.
In the meantime, as of 3:04 am, NTPC shares were trading 0.25% lower at Rs 434.70 on the NSE.
TOPICS:
NTPC Green Energy