NTPC Green Energy Ltd (NGEL), a wholly-owned subsidiary of NTPC, has solidified its commitment to renewable energy through strategic Memorandums of Understanding (MoUs) signed with Gujarat State Petroleum Corporation Ltd (GSPC) and Gujarat Pipavav Port Ltd (GPPL) during the prestigious Vibrant Gujarat Global Summit. The summit, inaugurated by Prime Minister [Name] on January 10, 2024, marked a significant milestone for clean energy collaborations.
In a momentous exchange, Gurdeep Singh, CMD of NTPC, and Milind Torawane, MD of GSPC, formalized the MoU, witnessed by esteemed dignitaries including the Chief Minister of Gujarat, the Minister of Finance, Energy & Petrochemicals, GoG, Dr V K Saraswat, Member of NITI Aayog, and various senior officials and international delegates.
The MoU with GSPC outlines a visionary collaboration for the integration of Green Hydrogen into the gas networks of GSPC. Furthermore, the partnership aims to establish Green Hydrogen fuelling stations in Gujarat, paving the way for sustainable and eco-friendly mobility solutions in the state.
In another key development, NGEL and GPPL, represented by the General Manager-Hydrogen and MD of APM Terminals, Pipavav, signed a comprehensive MoU. This agreement is set to foster the development of a robust Green Hydrogen ecosystem, including the production of Green Ammonia. GPPL has provided land for the production of Green Ammonia, targeting both the export and domestic markets. Additionally, the collaboration seeks to explore the potential of Pipavav Port as an anchor port for the exploration, development, and operation of offshore wind farms in Gujarat.
NGEL, with an operational capacity exceeding 3.4 GW and an impressive pipeline of 26 GW, including 7 GW currently under implementation, aims to spearhead NTPC’s journey into renewable energy. The company’s focus on Green Hydrogen aligns with the global push towards sustainable and carbon-neutral practices.
GSPC, recognized as one of India’s largest gas trading companies, plays a multifaceted role in the exploration, development, and production of oil and natural gas. The collaboration with NGEL is poised to enhance GSPC’s contribution to the green energy landscape.
GPPL, a prominent private port in India promoted by A.P. Møller – Mærsk A/S, boasts significant cargo handling capacities, making it an ideal partner for NGEL’s ambitious initiatives in Green Hydrogen and offshore wind farms.
