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NTPC and ONGC sign MoU for renewable energy JV · Endata

◂ Announcements

May 25, 2020PARTNERSHIPIndia

NTPC and ONGC sign MoU for renewable energy JV

NTPC and ONGC signed a Memorandum of Understanding to form a joint venture for renewable energy projects, including offshore wind, in India and overseas. The partnership aims to support NTPC's target of 32 GW renewable capacity by 2032 and ONGC's ambition of 10 GW by 2040.

Status

Announced

Productsrenewable energyoffshore wind

CompaniesNTPC Limited partner ONGC partner

Sectors#Power Generation Equipment

“The National Thermal Power Corporation on Friday signed a Memorandum of Understanding (MoU) with Oil and Natural Gas Corporation (ONGC), to set up a joint venture company for renewable energy projects.”republicworld.com

1 source
republicworld.comNTPC & ONGC sign MoU to expand renewable energy projects in India & overseas | Republic WorldAnanya VarmaMay 25, 2020

Summarized from public sources; check the original articles before acting on it.

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