NTPC to partner with NIIF and ONGC to develop renewable assets
01 Oct 2021
The National Thermal Power Corporation (NTPC) is planning a partnership with the National Investment and Infrastructure Fund (NIIF) and Oil and Natural Gas Corporation (ONGC) for the acquisition and development of green energy assets such as offshore wind projects. India has decided to lower offshore energy tariffs by harnessing wind power along its 7,600 km coastline. NTPC is listing its clean energy units NTPC Renewable Energy (NTPC REL) and NTPC Vidyut Vyapar Nigam (NVVN). NTPC aims to invest Rs.1 tn between 2019 to 2024 and become a 130 GW power producer by 2032.
Contact: National Thermal Power Corporation.
Website: www.ntpc.co.in
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