NTPC Green Energy Forms JV with MAHAGENCO for Renewable Energy Parks in Maharashtra
NTPC Green Energy Ltd., a subsidiary of NTPC Ltd., has partnered with Maharashtra State Power Generation Company Ltd. (MAHAGENCO) to form a 50:50 joint venture, MAHAGENCO NTPC Green Energy Pvt. Ltd., for developing and managing renewable energy parks in Maharashtra.
November 28, 2024. By Mrinmoy Dey
In a regulatory filing, NTPC has informed, “MAHAGENCO NTPC Green Energy Pvt. Ltd. (MNGEPL) has been incorporated on November 25, 2024 as a 50:50 joint venture of NTPC Green Energy Ltd. (NGEL), a wholly owned subsidiary of NTPC Ltd. and Maharashtra State Power Generation Company Ltd. (MAHAGENCO), a Government of Maharashtra owned company.”
It further added that MNGEPL will be engaged in the business of developing, operating and maintaining renewable energy parks in Maharashtra under Ultra Mega Renewable Energy Power Parks (UMREPP) scheme and allot parks for the development of renewable energy projects.
NGEL has subscribed 50,000 equity shares at the face value of INR 10 each.
please contact: contact@energetica-india.net.
Gaurav Dolwani
CEO
From Scrap to Sustainability: LICO Materials’ Circular Economy Approach
Gaurav Kumar
Head of Supply Chain and Manufacturing
Euler Motors Bridges Cost Gap Between EVs and ICE Vehicles with Localization
Shveta Arya
India Region Leader
Powering India’s Mobility Future: Cummins Showcases Advanced Power Solutions at Bharat Mobility
Samkit Shah
Co-Founder
Jitendra EV Leading Hybrid EV Revolution with Hydrix
Muthu Subramanian
MD & General Manager
From Charging to Swapping: How Yuma Energy is Changing EV Refueling