Mumbai, April 19 -- NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) on Friday signed a Memorandum of Understanding (MoU) to address the need for pacing green energy objectives and the GoI's efforts towards a carbon-neutral economy.
The MoU will explore a joint development of grid-connected renewable energy-based power projects, including solar, wind, energy storage, etc., and/or solutions thereof. Indus Towers Limited aims to expand its renewable energy portfolio in a phased manner to gigawatt-scale capacity for its business operations spread across the country as a part of its Net Zero commitments.
NTPC is India's largest power utility, with a core business of power generation and a total installed capacity of 76 GW. As p...