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NTPC Green Energy Ltd. Collaborate with HPCL Mittal Energy Ltd. for Production of Green Hydrogen and Green Chemicals

This is a revolutionizing step towards transforming India’s energy picturesque and attaining the nation’s ambitious green energy and green hydrogen targets.

May 22, 2023. By Nivedita Ojha

The MoU envisions associating in the field of Renewable Energy by sourcing 250 MW RE-RTC (Round-The-Clock) power to fulfill the need of HMEL and also looking for opportunities in the Green Hydrogen business and its by-product (Green Ammonia & Green Methanol).

This is a revolutionizing step towards transforming India’s energy picturesque and attaining the nation’s ambitious green energy and green hydrogen targets.

With augmenting its renewable energy portfolio, an entirely owned subsidiary has been made as “NTPC Green Energy Limited” (NGEL) which shall cover Renewable Energy Parks and Projects including business in the field of Green Hydrogen, Energy Storage Technologies, and Round the Clock Renewable Power.

HPCL Mittal Energy Limited (HMEL), is a Joint Venture between HPCL and Mittal Energy Investments Pvt Ltd., an amalgamated refining and petrochemical company in India.

HPCL and its joint ventures will be a totally amalgamated company in the hydrocarbon sector of exploration and production, refining and marketing; concentrating on augmenting of productivity, quality & profitability.
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