Published On:June 5 2023
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NTPC Green Energy Ltd. forms JV with Indian Oil Corporation Ltd.

NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Limited has incorporated a new Company, in 50:50 joint venture with Indian Oil Corporation Limited, in the name of "INDIANOIL NTPC GREEN ENERGY PRIVATE LIMITED". The incorporation date of joint venture company is 2 June 2023.

INDIANOIL NTPC GREEN ENERGY PRIVATE LIMITED will develop Renewable Energy based power projects (viz. Solar PV, Wind, any other RE, Energy Storage or any combination of same), to supply 650 MW or more renewable power on round the clock basis, to cater to the requirement of Indian Oil Corporation Limited.

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