NTPC Renewable Energy Ltd inks pack to supply RE power of 1300 MW to Greenko ZeroC Pvt. Ltd.

NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko ZeroC Pvt Ltd (A Greenko Group Company) on 28th March, 2023 to Supply 1300 MW Round the Clock RE Power for powering Greenko's upcoming Green Ammonia Plant at Kakinada, India.

The Term Sheet was signed in the august presence of Sh. Mohit Bhargava, CEO, NTPC Renewable Energy Limited, Shri Anil Chalamalasetty, Founder and MD, Greenko and other senior officials from NTPC Renewable Energy Limited.

The agreement between the two companies is one of the world's single largest contract for supply of roundthe-clock renewable supply for an industrial client.

The Term Sheet was signed by Sh. Rajiv Gupta, Chief General Manager, NTPC Renewable Energy Limited and Sh. Mahesh Kolli, Founder and Joint MD, Greenko Group at NTPC office in New Delhi.

Shares of NTPC Limited was last trading in BSE at Rs. 171.95 as compared to the previous close of Rs. 171.15. The total number of shares traded during the day was 195821 in over 3225 trades.

The stock hit an intraday high of Rs. 173.05 and intraday low of 170.55. The net turnover during the day was Rs. 33610204.00.

Source : Equity Bulls

Keywords

NTPC INE733E01010 NTPCRenewableEnergy NTPCGreenEnergy TermSheet GreenkoZeroC REPower GreenAmmoniaPlant Kakinada