Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
Maharatna PSUs NTPC
and ONGC have collaborated to form a Joint Venture Company (JVC) through their
Green Energy Subsidiaries (NTPC Green Energy Ltd. and ONGC Green Energy Ltd.)
to further promote their interest in renewable and new energy arena. Subsequent to the signing of the Joint
Venture Agreement on 7th February 2024, during India Energy
Week 2024, and obtaining the required statutory approvals from DIPAM and NITI
Aayog, NGEL has submitted an application to the Ministry of Corporate Affairs
for the incorporation of a 50:50 Joint Venture Company with OGL.
This JVC shall venture
into various Renewable Energy (RE) and New Energy opportunities including
Solar, Wind (Onshore/Offshore), Energy Storage (Pump/Battery), Green molecule
(Green Hydrogen, Green Ammonia, Sustainable Aviation Fuel (SAF), Green
Methanol), E-mobility, Carbon Credits, Green Credits, etc.
The JVC will also seek opportunities to acquire
renewable energy assets and will also consider participation in upcoming
offshore wind tenders in Tamil Nadu and Gujrat.
The strategic
partnership between NGEL and OGL signifies a concerted effort towards advancing
sustainable energy initiatives, aligning closely with the nation’s ambitious
goals for a greener future. Considering their domain expertise and resources, both entities are poised to contribute
significantly to India’s renewable energy landscape, driving innovation and
fostering environmental stewardship.
