Partnership to advance India’s sustainable energy initiatives
A 50:50 joint venture company (JVC) of NTPC and ONGC will seek opportunities to acquire renewable energy assets and will consider participation in upcoming offshore wind tenders in Tamil Nadu and Gujrat https://www.conexpoconagg.com/.
This JVC shall venture into various Renewable Energy (RE) and New Energy opportunities including Solar, Wind (Onshore/Offshore), Energy Storage (Pump/Battery), Green molecule (Green Hydrogen, Green Ammonia, Sustainable Aviation Fuel (SAF), Green Methanol), E-mobility, Carbon Credits, Green Credits, etc https://www.globaltenders.com/ .
The strategic partnership signifies a concerted effort towards advancing sustainable energy initiatives, aligning closely with the nation’s ambitious goals for a greener future https://ted.europa.eu/en/.
Considering their domain expertise and resources, both entities are poised to contribute significantly to India’s renewable energy landscape, driving innovation and fostering environmental stewardship, the Power Ministry said on 4 Nov https://www.bseindia.com/.
The JV Agreement was signed on 7 Feb 2024, during India Energy Week 2024 https://www.nseindia.com/. Fiinews.com
