{"id":506751,"date":"2022-07-19T11:28:04","date_gmt":"2022-07-19T05:58:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=506751"},"modified":"2022-07-19T11:28:04","modified_gmt":"2022-07-19T05:58:04","slug":"ntpc-ioc-ink-pact-to-set-up-joint-venture","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-ioc-ink-pact-to-set-up-joint-venture\/","title":{"rendered":"NTPC, IOC ink pact to set up joint venture"},"content":{"rendered":"<p>State-run NTPC and Indian Oil (IOC) on Monday signed an agreement to set up a 50:50 joint venture (JV) company that will meet the power requirements of IOC\u2019s upcoming refinery projects.<\/p>\n<p>\u201cGoing forward, NTPC Green Energy (NGEL), a wholly owned subsidiary of NTPC, will form the JV company for supply of RE-RTC (renewable energy \u2013 round-the-clock) power to IOC. NGEL will be an umbrella company for consolidating NTPC\u2019s total renewable energy businesses,\u201d NTPC said in a statement. IOC plans to meet additional power requirement of its refineries using round-the-clock renewable energy to the tune of 650MW by the end of 2024 through the JV.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run NTPC and Indian Oil (IOC) on Monday signed an agreement to set up a 50:50 joint venture (JV) company that will meet the power requirements of IOC\u2019s upcoming refinery projects. \u201cGoing forward, NTPC Green Energy (NGEL), a wholly owned subsidiary of NTPC, will form the JV company for supply of RE-RTC (renewable energy \u2013 round-the-clock) power to IOC. NGEL will be an umbrella company for consolidating NTPC\u2019s total renewable energy businesses,\u201d NTPC said in a statement. IOC plans to meet additional power requirement of its refineries using round-the-clock renewable energy to the tune of 650MW by the end of [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-506751","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/506751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=506751"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/506751\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=506751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=506751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=506751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}