MoU21 Dec 2024, 06:28 pm
NTPC Green Energy Ltd Signs MoU with Department of Industries, Govt. of Bihar for Renewable Energy Projects
AI Summary
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during 'Bihar Business Connect 2024 Global Investors’ Summit' held on December 20, 2024, in Patna. The MoU outlines a framework for significant investments in Bihar to establish renewable energy projects, including ground-mounted and floating solar installations, battery energy storage systems, and green hydrogen mobility initiatives. The Government of Bihar will facilitate the necessary permissions, registrations, approvals, and clearances from concerned departments, agencies, and authorities to support the projects.
Key Highlights
- NTPC Green Energy Ltd subsidiary of NTPC signs MoU with Department of Industries, Govt. of Bihar
- MoU signed during Bihar Business Connect 2024 Global Investors’ Summit in Patna
- Framework for significant investments in Bihar for renewable energy projects
- Projects include ground-mounted and floating solar installations, battery energy storage systems, and green hydrogen mobility initiatives
- Government of Bihar to facilitate necessary permissions, registrations, approvals, and clearances for the projects