Mumbai, March 21 -- NGEL, a wholly owned subsidiary of NTPC Limited, signed a Joint Venture Agreement on 20th March,2023 with IOCL for setting up of renewable energy projects to meet Round the Clock power requirement of IOCL Refineries.

The JV Agreement was signed in the august presence of Gurdeep Singh, CMD, NTPC Limited, Shrikant Madhav Vaidya, Chairman, IOCL, D. K. Patel, Director (HR), NTPC Limited, U.K. Bhattacharya, Director (Projects), NTPC Limited, Jaikumar Srinivasan, Director (Finance), NTPC Limited, Ms. Sukla Mistry, Director (R), IOCL and along with other senior officials from NGEL, NTPC REL, and IOCL.

NTPC Limited, through its wholly owned subsidiary, NGEL, has set an ambitious target of building a renewable generation port...