NTPC Green Energy Signs MoUs with GSPC and GPPL

  • NTPC Green Energy Ltd (NGEL) has entered into MoUs with Gujarat State Petroleum Corporation Ltd. (GSPC) and Gujarat Pipavav Port Ltd. (GPPL).
  • During the three-day Vibrant Gujarat Global Summit 2024.
  • In Gandhinagar, Gujarat.

MoU with GSPC:

  • For the blending of Green Hydrogen in the gas networks of GSPC.
  • Promotion of Green Hydrogen mobility by setting up Green Hydrogen fuelling stations in Gujarat.

MoU with GPPL:

  • To develop a green hydrogen ecosystem, including the production of green ammonia for export and the domestic market.
  • To explore the development of Pipavav Port as an anchor port by NGEL.
  • For exploration, development and operations of offshore wind farms in Gujarat.
  • MoU was exchanged between GM-Hydrogen, NTPC and MD of APM Terminals, Pipavav.

NGEL:

  • Wholly-owned subsidiary of NTPC.
  • To be the flag bearer of NTPC’s Renewable Energy journey.
  • Operational capacity of over 3.4 GW, and 26 GW in the pipeline including 7 GW under implementation.

GSPC:

  • One of the largest gas trading companies in India.
  • Engaged in exploration, development and production of oil and natural gas.

GPPL:

  • One of the leading private ports in India.
  • Promoted by A.P.Møller – Mærsk A/S.
  • Handling capacity of 1.35 million TEUs of containers, 4 – 5 million tonnes of dry bulk cargo, 2 million tonnes of liquid cargo and about 2, 50,000 cars per year.
Posted in Current Affairs.