NTPC Green Energy Signs MoU With Assago For Green Urea

06 Feb 2026 CW Team

The memorandum was executed as a formal disclosure and will be followed by further technical collaborations and detailed studies to assess plant design and utility integration. The scope includes coordinated supply arrangements and renewable energy linkage to support continuous operations. The signing took place in the presence of senior officials from NGEL, NTPC and Assago.

The partnership is intended to advance the development of a green hydrogen and green fertiliser supply chain in the region and to reduce carbon intensity associated with conventional urea production. NGEL will explore optimisation of renewable energy resources and storage integration to enable steady ammonia synthesis and carbon dioxide capture utilisation. The arrangement is consistent with national decarbonisation objectives and the broader transition to low carbon industrial supply chains.

Next steps include completion of technical due diligence, clarification of commercial terms and finalisation of a long form agreement that will set out supply, pricing and operational modalities. The parties will undertake joint assessments and regulatory clearances as required while maintaining coordination with local stakeholders and grid operators. The memorandum was disclosed to the stock exchanges in compliance with listing obligations. The collaboration is expected to support domestic production capacity and reduce dependence on imported fertiliser feedstocks.

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited (NTPC), signed a memorandum of understanding with Assago Industries Private Limited (Assago) on second February 2026 at NTPC Bhawan in New Delhi. The agreement covers the supply of green ammonia, carbon dioxide, renewable energy power and other related utilities for the production of 1000 t per day of green urea. The urea plant is being explored for development within the NGEL Green Hydrogen Hub at Pudimadaka, near Visakhapatnam in Andhra Pradesh. The memorandum was executed as a formal disclosure and will be followed by further technical collaborations and detailed studies to assess plant design and utility integration. The scope includes coordinated supply arrangements and renewable energy linkage to support continuous operations. The signing took place in the presence of senior officials from NGEL, NTPC and Assago. The partnership is intended to advance the development of a green hydrogen and green fertiliser supply chain in the region and to reduce carbon intensity associated with conventional urea production. NGEL will explore optimisation of renewable energy resources and storage integration to enable steady ammonia synthesis and carbon dioxide capture utilisation. The arrangement is consistent with national decarbonisation objectives and the broader transition to low carbon industrial supply chains. Next steps include completion of technical due diligence, clarification of commercial terms and finalisation of a long form agreement that will set out supply, pricing and operational modalities. The parties will undertake joint assessments and regulatory clearances as required while maintaining coordination with local stakeholders and grid operators. The memorandum was disclosed to the stock exchanges in compliance with listing obligations. The collaboration is expected to support domestic production capacity and reduce dependence on imported fertiliser feedstocks.

Infrastructure Energy

20 Mar 2026

Iran Conflict Risks Slowing India’s Auto Production

India’s automobile industry is facing the risk of production disruptions as the Iran conflict tightens gas supplies, affecting manufacturers and component makers across key industrial regions. Several suppliers serving Maruti Suzuki, Tata Motors and Mahindra have reported gas shortages, raising concerns over forging, casting and paint-shop operations that depend on steady fuel availability. The pressure comes as vehicle demand remains strong, with passenger vehicle sales expected to exceed 4.5 million units in the financial year ending 31 March. With limited buffer inventory, companies are ..

Infrastructure Urban

20 Mar 2026

Honda to Invest Rs 15 Billion in Tapukara Plant Expansion

Honda Motorcycle & Scooter India (HMSI) has announced an investment of around Rs 15 billion to set up a third production line at its Tapukara manufacturing plant in Rajasthan. The new line is expected to commence operations in 2028 and will add an annual production capacity of 670,000 units, taking the factory’s total capacity to 2.01 million units per year. The expansion is also expected to create more than 2,000 jobs in the region. The company said the new line will be highly flexible and capable of producing commuter segment scooters and motorcycles, helping it respond more effective..

Infrastructure Transport

20 Mar 2026

BMC Plans LAPs Around Metro 3 Stations

The Brihanmumbai Municipal Corporation (BMC) has proposed preparing Local Area Plans (LAPs) for areas around Mumbai Metro Line 3 stations to enhance land use, traffic flow, and infrastructure planning. The initiative is part of efforts to align urban development with the city’s expanding metro network. In the first phase, four stations will be covered at an estimated cost of Rs 1.37 crore, with further phases planned to include all 27 stations along the corridor. The overall project cost is expected to rise as coverage expands. The LAPs will be developed through detailed assessments, inclu..