In India, NTPC Green Energy Ltd (NGEL), a wholly-owned subsidiary of National Thermal Power Corporation Ltd (NTPC) Ltd, and Hindustan Petroleum Corporation Ltd (HPCL) have signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for the development of renewable power projects.
According to a statement, the MoU envisages the development and supply of 400 MW of round-the-clock renewable power for the requirements of HPCL.
This MoU marks the first step for NGEL and HPCL to collaborate and cooperate in the field of the development of renewable energy projects which shall help HPCL in meeting its Clean Energy Commitments.
