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Greenko Energies, NTPC Signs MoU for Renewable Energy Power Solutions

The objective of the partnership is to explore the possibility of development of renewable energy-based round-the-clock, flexible and dispatchable power supply offering based on the integration of RE sources and pumped storage projects

August 26, 2020. By News Bureau

Energy solutions provider Greenko Energies has announced that it has arrived into an agreement with NTPC to explore energy storage and renewable energy power supply solutions. The company has signed a memorandum of understanding with NTPC Vidyut Vyapar Nigam, a wholly-owned subsidiary of NTPC.

The objective of the partnership is to explore the possibility of development of renewable energy based round-the-clock, flexible and dispatchable power supply offering based on integration of RE sources and pumped storage projects.

"The value proposition of the potential offering will be to meet the evolving bespoke requirements of discoms and other power consumers in India in real-time," Greenko said in a declaration.

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