NGEL Inks JV Agreement with MAHAPREIT for Development of 10 GW RE Projects

New Delhi, Sept 26th 2024: NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, entered into a Joint Venture Agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT) on 25th September 2024.
The JVA was signed by Shri Rajiv Gupta, CEO (NGEL) and Shri Bipin Shrimali, MD (MAHAPREIT) at Mumbai in the presence of other senior officials from NGEL and MAHAPREIT.

The JV Company will undertake development of 10 GW of Renewable Energy Parks and Projects in Maharashtra or in any other state of India.

NGEL, a wholly-owned subsidiary of NTPC, entered into a JV agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT) to undertake development of 10 GW of RE Parks and Projects in Maharashtra and other parts of the country.#GreenEnergy… pic.twitter.com/7m1Sz1YooK
— NTPC Limited (@ntpclimited) September 26, 2024

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