NTPC Green Energy Limited Inks MoU with Indus Towers Limited Updated On Fri, Apr 19th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy. The MoU was signed by Soumya Kanti Chowdhuri, Chief General Manager, NGEL and Vikas Poddar, Chief Financial Officer (CFO), ITL in […] Read more
NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
NTPC Hopes To Raise Rs 2,000 crore From Stake Sale In NGEL Updated On Thu, May 5th, 2022 by Saurenergy State owned National Thermal Power Corporation (NTPC) is planning to sell a stake in its subsidiary NTPC Green Energy (NGEL) that was formed to develop renewable energy projects. NTPC is expected to raise about Rs 2,000 crore from the sale of the stake. The corporation has earlier indicated that the sale was likely by October […] Read more
