NTPC Renewable Energy Limited (NREL), a wholly owned subsidiary of NTPC Green Energy Limited, has signed term sheet with Greenko ZeroC (a Greenko Group company) to supply 1,300 MW round the clock RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada, India.

The Term Sheet was signed in the august presence of Mohit Bhargava, CEO, NTPC Renewable Energy Limited; Anil Chalamalasetty, Founder and MD, Greenko; and other senior officials from NTPC Renewable Energy Limited.

The agreement between the two companies is one of the world’s single largest contracts for supply of round-the-clock renewable supply for an industrial client.

The Term Sheet was signed by Rajiv Gupta, Chief General Manager, NTPC Renewable Energy Limited and Mahesh Kolli, Founder and Joint Managing Director, Greenko Group at NTPC office in New Delhi.