NGEL signs MoU with Syama Prasad Mookerjee Port to develop Green Hydrogen Hub in Kolkata 
News Updates

NGEL signs MoU with Syama Prasad Mookerjee Port to develop Green Hydrogen Hub in Kolkata

NGEL, the green energy subsidiary of NTPC Limited, has signed a pact with Syama Prasad Mookerjee Port for the development of a Green Hydrogen hub in Kolkata

EW Bureau

Mumbai: NTPC Green Energy Limited (NGEL), the green energy subsidiary of NTPC Limited, has signed a pact with Syama Prasad Mookerjee Port for the development of a Green Hydrogen hub in Kolkata. An official statement released on September 25 said, “An MoU (Memorandum of Understanding) was signed today between NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of India’s leading integrated power producer NTPC Limited, and Syama Prasad Mookerjee Port, an autonomous body under the Ministry of Ports, Shipping & Waterways, for the development of a Green Hydrogen Hub at Kolkata.”

The MoU was signed by Bimal Gopalachari, AGM (NGEL) and Amit Kumar Kar, CME (SMPK) in the presence of Mohit Bhargava, CEO (NGEL), and other senior officials of NTPC and SMPK.

NTPC is India’s largest power utility having a total installed capacity of over 73 GW. Its wholly owned subsidiary, NGEL, is taking up renewable energy capacity addition, including projects of Green Hydrogen, Energy Storage. NTPC Group aims for 60 GW of RE capacity by the year 2032, with 3.2 GW installed and over 20 GW in the pipeline.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Avaada Group to invest Rs 5,800 crore in Rajasthan to develop RE projects

NTPC Green Energy IPO fully subscribed

Sensex, Nifty bounce back in early trade after sharp fall in previous session

These are the Central, state PSUs named in US court indictment in Adani bribery case

Gautam Adani bribery case: Allegations, rebuttals, stock market wipeout & all you want to know