On 24 March 2026 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, signed a memorandum of understanding (MoU) with Nxtra Data Limited (Nxtra) at NTPC Bhawan in New Delhi. The MoU was executed by the chief executives of the respective organisations, Sarit Maheshwari for NGEL and Ashish Arora for Nxtra. The issuance followed a formal corporate disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to the stock exchanges for information and records.

The MoU intends to explore business opportunities of mutual interest for the development of renewable energy projects to supply renewable energy round the clock (RE RTC) power to Nxtra datacentres on a pan India basis for their captive consumption. The collaboration will consider technical, commercial and scheduling arrangements to enable a reliable supply model. The partners will examine project development, procurement strategies and grid integration measures that support continuous renewable supply aligned with operational requirements.

The corporate filing noted the listing details and identifiers in the regulatory communication to the exchanges. The filing referenced the trading symbol for NTPC Green Energy Limited on the National Stock Exchange as NTPCGREEN and the scrip code on the BSE as 544289. The disclosure stated that the document was being submitted for record purpose and compliance with applicable listing norms. The regulatory submission formed part of routine governance and investor communication practices by the listed company.

The agreement is intended as a framework to facilitate further evaluation and does not itself commit the parties to specific project execution. NGEL and Nxtra will pursue mutually beneficial options while adhering to regulatory and contractual frameworks and will assess timelines, commercial models and risk allocation in subsequent phases. The collaboration reflects industry momentum towards dedicated renewable supplies for energy intensive consumers and underscores an ongoing shift in corporate sourcing towards sustainability aligned energy solutions.