NTPC REL signs MOU with government of Rajasthan to develop 10 GW UMREPP in Rajasthan

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Limited, has signed a memorandum of understanding (MOU) with the Government of Rajasthan for development of 10 GW ultra mega renewable energy power park (UMREPP) in Rajasthan.

NTPC Group has set a target of 60 GW renewable energy capacity by 2032. According to the company, in less than two years since its inception, NTPC REL has won 4 GW renewable energy capacity by bidding in various tenders which are under different stages of implementation. Additionally, NTPC REL is developing one UMREPP of 4.75 GW capacity in Rann of Kutch, Gujarat, and has also entered into a joint venture agreement with Damodar Valley Corporation (DVC) for developing renewable energy parks and projects.