Last Updated on November 10, 2025 by Author
NTPC Green Energy Limited, a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Paradip Port Authority on October 27, 2025 during India Maritime Week 2025 in Mumbai.
The MoU was exchanged in the presence of Hon’ble Chief Minister of Odisha, Shri Mohan Charan Majhi.
The MOU aims to collaborate on implementing green hydrogen-based mobility projects in Paradip Port area and explore the possibilities of deployment of projects for Green Hydrogen and its Derivatives.
NGEL is an umbrella company for the green business initiatives of NTPC and undertakes projects through organic and inorganic routes and aims to be the flag-bearer of NTPC’s green energy journey to achieve the ambitious target of 60 GW by FY 32.
The company has strategically diversified its portfolio within the realm of Green Energies and participating in bidding process, tenders, and Ultra Mega Renewable Energy Power Parks (UMREPP), to achieve growth over the decade and act as a premier “Green Energy” player in India as well as globally.
NGEL’s commitment reflects a holistic understanding of its role in society and the environment, emphasizing responsible and sustainable practices for a cleaner and greener tomorrow for all the stakeholders.