State-owned hydro power giant NHPC has incorporated NHPC Renewable Energy Ltd for clean energy business. As per a BSE filing, the new company was registered with Registrar of Companies, NCT of Delhi & Haryana, on February 16, 2022 for development of renewable energy, small hydro and green hydrogen projects.
This comes against the backdrop of the government’s focus on renewable energy and target of 500 GW of clean energy by 2030.
