New Delhi: The Finance Team of NTPC Renewables Limited (NREL) organised a Lenders Meet at the Renewables Building in Greater Noida on February 7, bringing together representatives from leading financial institutions and banks, both public and private. The event aimed to foster strategic collaborations and facilitate financial backing to achieve NTPC Renewables' ambitious target of 60 GW of renewable energy (RE) capacity by FY'32.
In his welcome address, NREL's Chief Financial Officer Pushpendra Tyagi shared the vision of NTPC's top leadership, including the Chairman and Managing Director, Director (Finance), Director (Projects), and the CEO, emphasising their commitment to driving India’s renewable energy growth. He highlighted the strategic roadmap designed to achieve the 60 GW RE target, underlining the importance of robust financial partnerships.
During the meet, India Ratings, a leading rating agency, presented an overview of the power sector, focusing on growth prospects and challenges in the renewable energy segment, with a particular emphasis on NTPC Renewables' strategic positioning and potential.
The NTPC Renewables team also showcased the current progress of ongoing projects and outlined future expansion plans, reaffirming their commitment to sustainable energy solutions. The presentation aimed to provide transparency and confidence to potential lenders about NTPC Renewables’ growth trajectory.
The event saw active participation and engagement from senior officials, including DMR Panda, Chief General Manager at NTPC Renewables, who addressed queries from representatives of banks and financial institutions during a comprehensive Q&A session.
The Lenders Meet was a strategic initiative to strengthen investor relations and secure financial backing for NTPC Renewables' ambitious RE projects, aligning with India’s national renewable energy goals.
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