NTPC Green Energy Limited (NGEL), and Hindustan Petroleum Corporation Limited (HPCL) have entered into a Memorandum of Under Standing (MoU) for the development of renewable energy-based projects in the country on 03.01.2023. The MoU envisages collaborating for the Development of grid-connected and/ or off-grid Renewable Energy based Power Projects and/ or solutions to supply round-the-clock renewable energy which shall cater to requirements of HPCL and/or NGEL or any other customer mutually decided by NGEL & HPCL.
This information was given by Shri R.K Singh Union Minister for Power and MNRE in a written reply in Lok Sabha today.
*News Source: PIB India*