NTPC Green Energy ties up with HPCL Mittal Energy for green hydrogen
State-owned power giant NTPC’s arm NTPC Green Energy Ltd and HPCL Mittal Energy Ltd have signed a pact to collaborate in renewable energy and generation of green hydrogen.
The two companies envisage to collaborate in the field of Renewable Energy (RE) through sourcing of 250 MW RE-RTC (Round-The-Clock) power to meet the requirement of HPCL Mittal Energy Ltd, and also exploring opportunities in the green hydrogen business & its derivatives (Green Ammonia & Green Methanol).
“In order to realise green energy and green hydrogen objectives and the Government of India’s efforts towards energy transition, a Memorandum of Understanding (MoU) signed between NTPC Green Energy Ltd (NGEL) and HPCL Mittal Energy Ltd (HMEL) on 19th May 2023,” NTPC said in a statement on Friday.
