NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko ZeroC Pvt Ltd (A Greenko Group Company) on 28th March 2023 to Supply 1,300 MW Round the Clock RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada, India.
Term Sheet was signed in the august presence of Mohit Bhargava, CEO (NTPC Renewable Energy Ltd), Anil Chalamalasetty, Founder and MD, Greenko and other senior officials from NTPC REL.
The agreement between the two companies is one of the world’s single largest contracts for supply of round-the-clock renewable supply for an industrial client. Term Sheet was signed by Rajiv Gupta, Chief General Manager, NTPC Renewable Energy Ltd and Mahesh Kolli, Founder and Joint MD, Greenko Group at NTPC office in New Delhi.
