DelhiDesk NTPC Green Energy Limited (NGEL) and HPCL Mittal Energy Limited (HMEL) have signed a memorandum of understanding (MoU) to collaborate on renewable energy, including exploring opportunities in the green hydrogen business and its derivatives. NGEL will focus on developing renewable energy parks and projects, with a specific emphasis on green hydrogen, energy storage technologies, and round-the-clock renewable energy. Meanwhile, HMEL aims to contribute to the renewable energy sector and support India’s sustainable development goals through this partnership.
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👉 NTPC Green Energy Limited (NGEL) and HPCL Mittal Energy Limited (HMEL) sign a Memorandum of Understanding (MoU).
👉 The MoU aims to collaborate in the field of renewable energy and explore opportunities in green hydrogen business and its derivatives.
👉 NGEL, a wholly-owned subsidiary of NTPC, will focus on developing Renewable Energy Parks and Projects, with an emphasis on green hydrogen and energy storage technologies.
👉 HMEL, a joint venture between HPCL and Mittal Energy Investments Pvt Ltd, aims to contribute to the renewable energy sector and support the country’s sustainable development goals through this partnership.
👉 The signing of the MoU is a significant step towards revolutionizing India’s energy landscape and driving the nation’s ambitious green energy and green hydrogen objectives.
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