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NGEL and HPCL sign MoU for Renewable Energy Business 

NTPC Green Energy Ltd. (NGEL) (wholly owned subsidiary of NTPC Ltd.) signed a non-binding Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) on 03.01.2023 in New Delhi for Development of Renewable Energy based Power Projects to tap Business opportunities in RE and supply of 400 MW round the clock renewable power for requirements of HPCL.

The MoU was signed by Shri Neeraj Sharma, Head of Finance, NGEL and Shri Shuvendu Gupta, Executive Director – Bio Fuels & Renewables, HPCL.

The MoU was signed in presence of Shri Gurdeep Singh, CMD NTPC, Shri C.K Mondol, DirectorCommercial, NTPC, Shri J Srinivasan, Director-Finance, NTPC, Shri Mohit Bhargava, CEO-NGEL, Shri D.K Sharma, Executive Director-CSP&BD, HPCL, Shri Kushal Banerjee-CGM, HPCL and Shri Rajiv Gupta, CGM-NTPC REL.


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