NTPC Green Energy Ltd inks MoU with Honeywell UOP India Pvt Ltd

A Memorandum of Understanding (MoU) between NTPC Green Energy Limited (NGEL) and Honeywell UOP India Pvt Ltd (UOP) was exchanged between Sh. D M R Panda, Executive Director (Hydrogen), NTPC and Mr. Ranjit Kulkarni, VP & GM (ESS), Honeywell UOP on April 25, 2025.

The collaboration aims to explore the production of sustainable aviation fuel (SAF) by conducting feasibility study that leverages Honeywell's proprietary eFining™ technology and carbon dioxide (CO2) emissions captured from NTPC's power plants and green hydrogen.

This MoU aims to collaborate on Sustainable Aviation Fuel (SAF) production, which is a significant component of NTPC Green's ambitious Green Hydrogen Hub in Pudimadaka, Andhra Pradesh. The collaboration combines Honeywell UOP's expertise in Sustainable Aviation Fuel (SAF) production with NTPC's endeavours in developing green hydrogen projects. SAF production is a key component of this ambitious Green Hydrogen Hub, which spans approximately 1,200 acres and is designed to serve as an integrated hub for green chemicals and sustainable manufacturing.

Combining Honeywell UOP's technical expertise in SAF production with NTPC's commitment to renewable energy and green hydrogen, this collaboration represents a significant step toward decarbonizing the aviation sector. It supports NTPC's goal of achieving a 60 GW renewable energy portfolio by 2032, reinforcing its dedication to sustainable energy development and India's green energy transition.

Shares of NTPC Green Energy Limited was last trading in BSE at Rs. 103.40 as compared to the previous close of Rs. 107.35. The total number of shares traded during the day was 1433521 in over 13328 trades.

The stock hit an intraday high of Rs. 108.00 and intraday low of 102.25. The net turnover during the day was Rs. 149234070.00.

Source : Equity Bulls

Keywords

INE0ONG01011 NTPCGreenEnergy PowerGeneration MoU HoneywellUOPIndia