NTPC Green Energy and GAIL Approve 50:50 Joint Venture for Renewable Projects
2 hours agoBusiness
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2 SourcesNew Delhi, India
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NTPC Green Energy and GAIL Approve 50:50 Joint Venture for Renewable Projects

NTPC Green Energy and GAIL India Ltd have approved forming a 50:50 joint venture to develop renewable energy projects, pending regulatory approvals from the Ministry of Power and other authorities. This partnership supports NTPC's goal to reach 60 GW of renewable capacity by fiscal year 2032. NTPC Green Energy, a subsidiary of NTPC, leads the company's green initiatives through various project routes.

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