NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during "Bihar Business Connect 2024" Global Investors' Summit held on December 20, 2024, in Patna.

The MoU was exchanged between Alok Ranjan Ghosh, Director (Industries), Government of Bihar and Bimal Gopalachari, Addl. GM (Business Development), NGEL in the presence of the Industries Minister, Nitish Mishra, Bandana Preyashi, Secretary (Industries), Government of Bihar, Sudip Nag, Regional ED (East-I), NTPC and other senior officials from the Government of Bihar, NTPC, NGEL, and other delegates.

The MoU outlines a framework for significant investments in Bihar to establish renewable energy projects, including: ground-mounted and floating solar installations, battery energy storage systems, and green hydrogen mobility initiatives etc.

The Government of Bihar will facilitate the necessary permissions, registrations, approvals, and clearances from concerned departments, agencies, and authorities to support the projects.