NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW of renewable energy projects in Maharashtra and other states.
The joint venture will focus on building renewable energy parks and projects, contributing to NTPC’s target of 60 GW of renewable energy capacity by 2031-32. The partnership is part of NTPC’s broader effort to transition towards cleaner energy.