NTPC Green shares to get focus, signs MoU with Bihar Government
The Government of Bihar will facilitate the necessary permissions, registrations, approvals, and clearances from concerned departments, agencies, and authorities to support the projects.
NTPC Green shares to get focus, signs MoU with Bihar Government
A wholly-owned subsidiary of NTPC, NTPC Green Energy (NGEL), has signed a memorandum of understanding (MoU) with the Department of Industries, Government of Bihar on 20 December 2024. The agreement states a framework for significant investments in Bihar to establish renewable energy projects, including ground-mounted and floating solar installations, battery energy storage systems, green hydrogen mobility initiatives, etc.
The Government of Bihar will facilitate the necessary permissions, registrations, approvals, and clearances from concerned departments, agencies, and authorities to support the projects.
NTPC Green Energy listed on the bourses on 27 November 2024. The scrip was listed at Rs 111.60, exhibiting a premium of 3.33% to the issue price.
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