MoU9 May 2024, 02:31 am
NTPC LTD. and Mahatma Phule Renewable Energy Sign MoU for Renewable Energy Parks and Projects in Maharashtra
AI Summary
NTPC LTD., India's largest power utility, and Mahatma Phule Renewable Energy and Infrastructure Technology Limited signed a Memorandum of Understanding (MoU) for the joint development of renewable energy projects in Maharashtra. The MoU includes solar, wind, hybrid projects, and solutions, with a capacity of up to 10 GW. This agreement aligns with NTPC's goals of increasing its renewable energy portfolio and Maharashtra's efforts towards energy transition.
Key Highlights
- NTPC LTD. and Mahatma Phule Renewable Energy and Infrastructure Technology Limited signed an MoU for renewable energy projects in Maharashtra
- Capacity of up to 10 GW for solar, wind, hybrid projects, and solutions
- Partnership supports India's largest power utility's goal of increasing its renewable energy portfolio
- Maharashtra's efforts towards energy transition supported by this agreement