NTPC Signs MoU for 25 GW Project
POWER & RENEWABLE ENERGY

NTPC Signs MoU for 25 GW Project

NTPC Green Energy Ltd has signed a Memorandum of Understanding (MoU) with the Rajasthan government for the development of 25 GW of renewable energy projects. This massive initiative, focusing on solar, wind, and hybrid energy sources, will contribute significantly to India's clean energy goals. Rajasthan, with its favorable geography and climate, offers immense potential for renewable energy expansion, making it an ideal location for this ambitious project.

The 25 GW capacity addition aligns with India’s broader aim to achieve 500 GW of renewable energy by 2030, supporting both national energy security and climate goals. NTPC’s involvement is crucial, as it is one of India’s leading energy providers with a strong focus on green energy transitions.

This collaboration will not only accelerate India's renewable energy production but also boost employment in the region and promote sustainable development. Rajasthan’s government has expressed strong support for the initiative, citing its alignment with the state’s renewable energy policies and commitment to reducing carbon emissions.

Once operational, these projects are expected to significantly reduce reliance on fossil fuels and enhance India’s capacity to meet its international climate commitments. Additionally, the MoU will facilitate further investments in infrastructure and technology development within the renewable energy sector.

NTPC Green Energy Ltd has signed a Memorandum of Understanding (MoU) with the Rajasthan government for the development of 25 GW of renewable energy projects. This massive initiative, focusing on solar, wind, and hybrid energy sources, will contribute significantly to India's clean energy goals. Rajasthan, with its favorable geography and climate, offers immense potential for renewable energy expansion, making it an ideal location for this ambitious project. The 25 GW capacity addition aligns with India’s broader aim to achieve 500 GW of renewable energy by 2030, supporting both national energy security and climate goals. NTPC’s involvement is crucial, as it is one of India’s leading energy providers with a strong focus on green energy transitions. This collaboration will not only accelerate India's renewable energy production but also boost employment in the region and promote sustainable development. Rajasthan’s government has expressed strong support for the initiative, citing its alignment with the state’s renewable energy policies and commitment to reducing carbon emissions. Once operational, these projects are expected to significantly reduce reliance on fossil fuels and enhance India’s capacity to meet its international climate commitments. Additionally, the MoU will facilitate further investments in infrastructure and technology development within the renewable energy sector.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?