NTPC Green Energy Limited (NGEL) and Bharat Light and Power Private Limited (BLP) 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 exchanged between DMR Panda, Chief General Manager and Head of Hydrogen, NTPC and T P Chopra, President & Chief Executive Officer (CEO), BLP in the presence of other senior officials from NGEL and BLP at SCOPE Complex, New Delhi.

The MoU is to jointly explore the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Opportunities for selling captured carbon or biogenic carbon from NGEL will also be in scope. NGEL/or through its Affiliates shall set up infrastructure required for functioning of the green hydrogen project including RE projects and regular operation under B-O-O mode, as a part of it’s Net Zero commitments.