NTPC Green Energy signs MoU with BSPGCL for renewable energy and battery storage projects

New Delhi: NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Bihar State Power Generation Company Limited (BSPGCL) to jointly develop renewable energy and battery energy storage projects in the state of Bihar.

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The strategic partnership aims to support Bihar’s clean energy transition and decarbonization efforts through the implementation of sustainable power infrastructure. The MoU covers the development of battery energy storage systems (BESS) and renewable energy projects, including solar and hybrid solutions, to strengthen the state’s energy security and grid stability.

The agreement has been signed on July 26, by Sarit Maheswari, CEO of NGEL and NREL, and Abdesh Kumar Singh, Director (Technical), BSPGCL. The signing took place in the presence of key dignitaries including Bijendra Prasad Yadav, Minister of Energy, Planning & Development, Government of Bihar; Nitish Mishra, Minister of Industries, Government of Bihar; the Additional Chief Secretary, Department of Industries; the Secretary, Department of Energy; and senior Government officials.

This MoU marks a significant step toward fostering green energy development in Bihar, aligning with India’s national objectives on energy transition and carbon neutrality.

NGEL, incorporated as a dedicated renewable energy arm of NTPC, plays a pivotal role in spearheading NTPC’s ambitious clean energy goals. BSPGCL, under the Government of Bihar, is responsible for power generation and is actively seeking to expand its renewable energy footprint.

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