NTPC, HPCL in green energy pact
NTPC Green Energy Ltd (NGEL), a subsidiary of state-run NTPC, and Hindustan Petroleum corporation Ltd (HPCL,) will jointly develop renewable energy projects as part of a new memorandum of understanding signed between the two companies on Wednesday.
The projects will supply 400 megawatts of energy round the clock for the requirements of Hindustan Petroleum .
This MoU marks the first step for NGEL and HPCL to collaborate in renewable energy projects which could help HPCL in meeting its clean energy commitments.
