NGEL Signs MoU with Nayara Energy for Green Hydrogen Production. This collaboration is in line with NTPC's initiatives to develop hydrogen projects in India.
MOUs and Agreement
NTPC Green Energy Limited (NGEL) and Nayara Energy have entered into a Memorandum of Understanding (MoU) to explore opportunities in the green hydrogen and green energy space. The MoU signing ceremony was attended by Mohit Bhargava, CEO, NGEL and Amar Kumar, Head-Technical, Nayara Energy. Other senior officials of NTPC, NGEL and Nayara Energy were also present on the occasion. The MoU envisages to collaborate and produce green hydrogen for Nayara Energy's captive usage, accelerate decarbonisation and catalyse reduction in carbon footprint. This collaboration is in line with NTPC's initiatives to develop hydrogen projects in India and aligns with the vision of a self-reliant India (Atmanirbhar Bharat) as laid out by Prime Minister Narendra Modi.
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