By: ICN Bureau
Last updated : March 05, 2024 10:20 am
The RE power generated from the proposed JVC shall meet the RGO of the UPRVUN
In order to realize the green energy objectives of NTPC and the GOI’s efforts towards energy transition, NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, signed a Joint Venture Agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) on 4th March 2024 at UPRVUNL’s office at Lucknow for development of Renewable Power Parks and Projects in Uttar Pradesh.
The JV Agreement was signed between S. K. Dutta, Director, (Projects & Commercial), UPRVUNL and V. V. Sivakumar, CGM, NGEL in the august presence of P Guruprasad, Principal Secretary (Revenue), Govt. of UP, Ranvir Prasad, MD, UPRVUNL, N. S. Rao, Regional Executive Director (North), NTPC along with other senior officials from NTPC, NGEL, and UPRVUNL.
The RE power generated from the proposed JVC shall meet the Renewable Generation Obligation (RGO) of the UPRVUNL.