In order to realize the green energy objectives of NTPC and the GOI’s efforts towards energy transition, NTPC Green Energy Limited (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT), signed a Memorandum of Understanding (MoU) on 08th May 2024 at NTPC Corporate Office, New Delhi for development of Renewable
Energy Power Parks and Projects.

The MoU was signed between Sh. Rajiv Gupta, Chief Executive Officer, NGEL and Sh. Amol Shinde, Chairman and Managing Director, MAHAPREIT in the presence of Sh. Jaikumar Srinivasan, Director (Fin & HR), NTPC and other senior officials from NTPC, NGEL and MAHAPREIT.

The MoU envisages the joint development of grid connected Renewable Energy Park and Projects including Solar, Wind, Hybrid etc. and/or solutions thereof up to 10 GW in the state of Maharashtra.