NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has signed a Power Purchase Agreement (PPA) with PTC India Limited for the sale of 1,200 MW of solar power under a bilateral arrangement.
The PPA was exchanged in the august presence of Dr. Manoj Kumar Jhawar, MD & CEO (PTC) and Dr. J. S. Chandok, CEO (ONGPL) and other senior officials of NGEL/NTPC REL and PTC India Limited.
The agreement marks a significant milestone in strengthening collaboration between the two organizations to promote clean and sustainable energy in India.
Formed with a vision to be the world’s leading renewables company accelerating India’s energy transition, and providing reliable, affordable and sustainable energy supporting climate resilient future driven by innovation and agility, NTPC Renewable Energy Ltd. drives NTPC’s renewable energy growth and supports India’s transition toward a sustainable future. The company was established on October 7, 2020.
