STOCKWATCH
·
Power Generation
Joint Venture5 Mar 2024, 12:09 am

NTPC Green Energy Limited signs JV Agreement with UPRVUNL for renewable power parks

AI Summary

NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Limited, has signed a Joint Venture Agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) for the development of renewable power parks and projects in Uttar Pradesh. The RE power generated from the proposed JVC shall meet the Renewable Generation Obligation (RGO) of the UPRVUNL.,

Key Highlights

  • Joint venture agreement signed with UPRVUNL for renewable power parks
  • Meets Renewable Generation Obligation (RGO) of UPRVUNL
  • Development of renewable power parks in Uttar Pradesh
NTPC
Power Generation
NTPC LTD.

Price Impact