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Contract for supply of round-the-clock renewable supply to an industrial client
NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko Zero C Pvt Ltd (A Greenko Group Company) to Supply 1,300 MW Round the Clock RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada.
The agreement between the two companies is one of the world’s single largest contracts for supply of round-the-clock renewable supply to an industrial client.
The Term Sheet was signed by Rajiv Gupta, Chief General Manager, NTPC Renewable Energy Ltd and Mahesh Kolli, Founder and Joint MD, Greenko Group at NTPC office in New Delhi, on 30 Mar 2023. Mohit Bhargava, CEO (NTPC Renewable Energy Ltd), Anil Chalamalasetty, Founder and MD, Greenko and other senior officials from NTPC REL were also present on the occasion. fiinews.com
