NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, entered into a Joint Venture Agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT) on 25th September 2024.

The JVA was signed by Rajiv Gupta, CEO, NGEL and Bipin Shrimali, MD, MAHAPREIT at Mumbai in the presence of other senior officials from NGEL and MAHAPREIT.

The JV company will undertake development of 10 GW of renewable energy parks and projects in Maharashtra or in any other state of India.