NTPC REL signs MoU with Rajasthan Govt
NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC, has signed Memorandum of Understanding (MOU) with the Government of Rajasthan for development of 10 GW Ultra Mega Renewable Energy Power Park (UMREPP) in the state.
The MOU signed on 1 July 2022 at Jaipur, marks another step towards achieving Renewable Capacity addition targets of NTPC.
In less than 2 years since its inception, NTPC REL has won 4 GW Renewable Energy capacity by bidding in various tenders which are under different stages of implementation.
Additionally, NTPC REL is developing one UMREPP of 4.75 GW capacity in Rann of Kutch, Gujarat.
NTPC REL has entered into a Joint Venture Agreement with DVC for developing RE Parks and Projects.
This is part of the NTPC Group’s target to develop 60 GW Renewable energy capacity by 2032. fiinews.com
