{"id":601034,"date":"2023-09-01T17:18:50","date_gmt":"2023-09-01T11:48:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=601034"},"modified":"2023-09-01T17:18:50","modified_gmt":"2023-09-01T11:48:50","slug":"ntpc-oil-india-sign-mou-for-renewable-energy-and-green-initiatives","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-oil-india-sign-mou-for-renewable-energy-and-green-initiatives\/","title":{"rendered":"NTPC, Oil India sign MoU for renewable energy and green initiatives"},"content":{"rendered":"<p>State-owned power producer NTPC Ltd and oil explorer Oil India announced they have signed a Memorandum of Understanding to explore collaboration in the areas of Renewable Energy, Green Hydrogen &#038; its derivatives, Geothermal and other Decarbonization initiatives.<\/p>\n<p>The MoU will also facilitate knowledge and experience sharing on the upcoming Decarbonisation technologies like Carbon Sequestration. &#8220;The two Maharatna giants, through this MoU, intend to enhance their footprint in Renewable Energy domain and foray into sustainable solutions to advance the efforts towards achieving the nation\u2019s Net-Zero targets,&#8221; the companies said in a statement.<\/p>\n<p>The agreement was signed in the presence of Gurdeep Singh, Chairman and Managing Director (CMD), NTPC and Ranjit Rath, CMD, OIL and their functional directors.<\/p>\n<p>NTPC said it is committed to achieve 60 GW of Renewable Energy capacity by 2032 and become a major player in Green Hydrogen Technology and Energy Storage domain.<\/p>\n<p>The company is taking up several initiatives towards decarbonization including Hydrogen blending, Carbon Capture &#038; Fuel cell buses, among others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned power producer NTPC Ltd and oil explorer Oil India announced they have signed a Memorandum of Understanding to explore collaboration in the areas of Renewable Energy, Green Hydrogen &#038; its derivatives, Geothermal and other Decarbonization initiatives. The MoU will also facilitate knowledge and experience sharing on the upcoming Decarbonisation technologies like Carbon Sequestration. &#8220;The two Maharatna giants, through this MoU, intend to enhance their footprint in Renewable Energy domain and foray into sustainable solutions to advance the efforts towards achieving the nation\u2019s Net-Zero targets,&#8221; the companies said in a statement. The agreement was signed in the presence of Gurdeep [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-601034","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601034","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=601034"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601034\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=601034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=601034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=601034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}