A Memorandum of Understanding (MoU) has been signed by NTPC Limited, and Oil and Natural Gas Corporation Limited (ONGC) to set up a Joint Venture Company for Renewable Energy business. This partnership will enable both the companies to accelerate their mark in the field of Renewable Energy.
Click Here To Get Test Series For SBI PO 2020
With this tie-up, the two companies will explore the setting up of offshore wind and other Renewable Energy Projects in India as well as overseas. They will also seek opportunities in the area of sustainability, storage, E-mobility, and Environmental, Social and Governance (ESG) compliant projects.
This tie-up will enhance NTPC’s Renewable Energy capacity addition program and also the presence of ONGC in the Renewable Power business. It will also help ONGC in achieving its ambition of adding 10 GW of renewable power to its portfolio by 2040.
Important takeaways for all competitive exams:
India has many rivers that are famous not only for their length or size but…
From February 4 to 17, 2026, the 13th edition of the joint military exercise KHANJAR…
The Asian Rifle and Pistol Shooting Championships 2026 officially kicked off at the Dr Karni…
Indian Highways Management Company Limited (IHMCL) signed a key agreement with the National Forensic Sciences…
On February 2, 2026, a Dhaka court sentenced former Prime Minister Sheikh Hasina to 10…
India is a land of many natural wonders, from hot deserts to snowy mountains. In…