NTPC Limited’s subsidiary NTPC Green Energy Limited (NGEL) has signed an initial pact with Indus Towers Limited to address the need for pacing green energy objectives and the government’s efforts towards carbon neutral economy.
The memorandum of understanding (MoU) shall explore joint development of grid-connected renewable energy-based power projects including solar, wind, energy storage etc. and/or solutions.
Further, Indus Towers 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.