In order to realize the green energy objectives of NTPC and the GOI's efforts towards energy transition, NTPC Green Energy Limited (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT), signed a Memorandum of Understanding (MoU) on May 8, 2024 at NTPC Corporate Office, New Delhi for development of Renewable Energy Power Parks and Projects.

The MoU was signed between Rajiv Gupta, Chief Executive Officer, NGEL and Amol Shinde, Chairman and Managing Director, MAHAPREIT in the presence of Jaikumar Srinivasan, Director (Finance & HR), NTPC Limited and other senior officials from NTPC, NGEL and MAHAPREIT. The MoU envisages the joint development of grid connected Renewable Energy Park and Projects including Solar, Wind, Hybrid etc. and/or solutions thereof up to 10 GW in the state of Maharashtra.