NTPC and IOCL reach an agreement to establish renewable energy projects
POWER & RENEWABLE ENERGY

NTPC and IOCL reach an agreement to establish renewable energy projects

In order to address the 24/7 power needs of IOCL refineries, NTPC Green Energy (NGEL) and Indian Oil Company (IOCL) have signed a contract for the establishment of renewable energy projects.

In addition to Gurdeep Singh, Chairman and Managing Director of NTPC and Shrikant Madhav Vaidya, Chairman of IOCL, the JV agreement was signed in their presence.

The two giants will be able to satisfy the government's clean energy targets in their respective main businesses thanks to the signing of this joint venture agreement.

In order to aggressively pursue its green energy business, NTPC through its wholly-owned subsidiary NGEL has set the audacious goal of constructing a renewable power portfolio of 60 GW over the next ten years.

Also read:
Sterlite JV's 2 transmission projects received bids from three companies
Adani Transmission gets certified as single-use plastic-free firm


In order to address the 24/7 power needs of IOCL refineries, NTPC Green Energy (NGEL) and Indian Oil Company (IOCL) have signed a contract for the establishment of renewable energy projects. In addition to Gurdeep Singh, Chairman and Managing Director of NTPC and Shrikant Madhav Vaidya, Chairman of IOCL, the JV agreement was signed in their presence. The two giants will be able to satisfy the government's clean energy targets in their respective main businesses thanks to the signing of this joint venture agreement. In order to aggressively pursue its green energy business, NTPC through its wholly-owned subsidiary NGEL has set the audacious goal of constructing a renewable power portfolio of 60 GW over the next ten years. Also read: Sterlite JV's 2 transmission projects received bids from three companies Adani Transmission gets certified as single-use plastic-free firm

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?