Mumbai : NTPC Green Energy Ltd (NGEL) signed a Memorandum of Understanding (MoU)
with Hindustan Petroleum Corporation Ltd (HPCL) on 03-01-2023 in New Delhi for
Development of Renewable Energy based Power Projects to tap Business opportunities in
RE and supply of 400 MW round the clock renewable power for requirements of HPCL. The
MoU was signed by Mr Neeraj Sharma, Head of Finance, NGEL and Shri Shuvendu Gupta,
Executive Director- BioFuels & Renewables, HPCL.
The MoU was signed in august presence of Shri Gurdeep Singh, CMD NTPC, Shri C.K
Mondol, Director-Commercial, NTPC, Shri J Srinivasan, Director-Finance, NTPC, Shri Mohit
Bhargava, CEO-NGEL, Shri D.K Sharma, Executive Director-CSP&BD, HPCL, Shri Kushal
Banerjee-CGM, HPCL and Shri Rajiv Gupta, CGM-NTPC REL.
This MoU marks the first step for NGEL and HPCL to collaborate and cooperate in the field
of development of Renewable Energy projects which shall help HPCL in meeting its Clean
Energy Commitments.
