NGEL inks JV agreement with MAHAPREIT for development of 10 GW RE projects
NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, entered into a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT) on September 25, 2024.
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The JVA was signed by Rajiv Gupta, CEO, NGEL, and Bipin Shrimali, MD, MAHAPREIT, at Mumbai in the presence of other senior officials from their companies.
The JV Company will undertake the development of 10 GW of renewable energy parks and projects in Maharashtra and other states of India.
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