FCC

Genco-NTPC Sign Deal for 2,000 MW Green Power Project

2024-12-03

A Memorandum of Understanding (MoU) was signed in Raipur between Chhattisgarh State Power Generation Company (CSPGCL) and NTPC Green Energy (NGEL) to develop renewable energy projects with a total capacity of up to 2,000 MW, including floating solar. The MoU was formalised at the headquarters of Chhattisgarh State Power Companies in Danganiya, Raipur. As part of this agreement, the two companies will establish a joint venture to develop solar energy projects within the state.

Dr Rohit Yadav, the energy secretary and chairman of Chhattisgarh State Power Companies, expressed confidence that the agreement would create a historic milestone in the renewable energy sector. He added that the joint venture would focus on executing renewable energy projects to meet the state’s Renewable Energy Obligations (RGO). The partnership is designed to ensure a steady supply of energy from green sources, supporting sustainable energy generation. The MoU was signed in the presence of S K Katiyar, managing director of Chhattisgarh State Power Companies, and P K Mishra, regional executive director of NTPC.