NTPC Green Energy (NGEL) and Indus Towers Limited (ITL) have inked a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives. This MoU is also aligned to the Gol’s efforts of a carbon neutral economy.
The MoU was signed by Soumya Kanti Chowdhuri, chief general manager, NGEL and Vikas Poddar, chief financial officer (CFO), ITL in the presence of other senior officials from NTPC and ITL.
The MoU shall explore a joint development of grid connected renewable energy based power projects including solar, wind, energy storage, etc. Indus Towers plans to expand its renewable energy portfolio in a phased manner to GigaWatt scale capacity, for its business operations spread across the country, as a part of it’s net zero commitments.
