MoU20 Feb 2025, 09:44 pm
NTPC Green Energy Limited Inks MoU with Bharat Light and Power Private Limited for Green Hydrogen Off-take
AI Summary
NTPC Green Energy Limited (NGEL) and Bharat Light and Power Private Limited (BLP) have signed a Memorandum of Understanding (MoU) on 19.02.2025 to explore the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. The MoU also includes opportunities for selling captured carbon or biogenic carbon from NGEL. NGEL will set up the necessary infrastructure for the green hydrogen project, including RE projects, under its Net Zero commitments.
Key Highlights
- NTPC Green Energy Limited and Bharat Light and Power Private Limited sign MoU for green hydrogen off-take
- MoU to explore off-take of green hydrogen and its derivatives to third parties
- Opportunities for selling captured carbon or biogenic carbon from NGEL included in the MoU
- NGEL to set up necessary infrastructure for the green hydrogen project
- Part of NGEL's Net Zero commitments