NTPC, India’s largest power utility having presence across value chain of Power Sector with a total installed capacity of 73,024 MW, and Oil India Limited, a state-owned oil company engaged in the business of exploration, development and production of crude oil and natural gas, have signed a Memorandum of Understanding on 31st August 2023 to explore collaboration in the areas of Renewable Energy, Green Hydrogen & its derivatives, Geothermal and other Decarbonization initiatives. Further, the MoU shall facilitate knowledge and experience sharing on the upcoming Decarbonisation technologies like Carbon Sequestration.
