NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) signed a Memorandum of Understanding (MoU) to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy.

The MoU was signed by Soumya Kanti Chowdhuri, Chief General Manager, NGEL and Vikas Poddar, Chief Financial Officer (CFO), ITL in the presence of other senior officials from NTPC and ITL on 18th April 2024 at SCOPE Complex, New Delhi.

The MoU is to explore a joint development of grid connected renewable energy based power projects including Solar, Wind, Energy storage etc. and/or solutions thereof. Indus Towers Limited aims to expand its renewable energy portfolio in a phased manner to Giga Watt scale capacity, for its business operations spread across the country, as a part of its Net Zero commitments.