NTPC and Indian Oil to Set Up Renewable Energy Projects

NTPC and Indian Oil to set up renewable energy projects

By C-DEP Team

NTPC Green Energy (NGEL), a wholly owned subsidiary of NTPC Limited, has signed a join venture agreement with India Oil Corporation for setting up of renewable energy projects to meet round-the-clock power requirement of IOCL refineries. NGEL targets building a renewable generation portfolio of 60 GW over the next decade to aggressively pursue its green energy business.