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NTPC Renewable Energy to Distribute 1,300 MW Clean Power to Greenko

The contract is crucial as Greenko’s upcoming green ammonia plant at Kakinada needs a huge amount of power to generate green hydrogen and green ammonia.

March 29, 2023. By EI News Network

State-run NTPC Renewable Energy will serve and distribute 1,300 MW continuous clean power to Greenko's forthcoming green ammonia plant at Kakinada.

NTPC officials stated that, the term sheet was inked by Rajiv Gupta, Chief General Manager, NTPC Renewable Energy Ltd and Mahesh Kolli, founder and Joint MD, Greenko Group.

The contract is considered as one of the world’s largest deal for the distribution of constant renewable energy to an industrial client or consumer.

The contract is crucial as Greenko’s upcoming green ammonia plant at Kakinada needs a huge amount of power to generate green hydrogen and green ammonia.

The plant intends to generate 500,000 tonnes of green ammonia each year by utilising hydrogen generated from renewable energy sources.

NTPC is India’s largest renewable energy company with an overall installed capacity of more than 1 GW. The company is also producing a green hydrogen ecosystem and has proposed certain projects in the renewable energy sector.

Greenko is basically serve in substituting fossil fuels with consolidated decarbonized energy and power grid  assets creating sustainable and feasible energy, with an overall installed capacity of 7.5 GWdc throughout 15 States in India. The company is based in Hyderabad, India.
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