NTPC Green Energy Limited inks MoU with ENEOS Corporation

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, signed a Memorandum of Understanding (MoU) with ENEOS Corporation (ENEOS), Japan with an aim to explore the possibility of entering into a definitive agreement under which NGEL will deliver Green Methanol and Green Hydrogen derivative products to ENEOS.

The MoU was exchanged on 10th Oct'2025 at World Expo 2025, Osaka, Japan.

This MoU is anchored around NGEL's ambitious Green Hydrogen Hub at Pudimadaka, Andhra Pradesh, spanning 1200 acres, which is being developed as an integrated hub for green chemicals production and export.

By combining ENEOS's demand for hydrogen derivative products with NGEL's renewable energy and green hydrogen initiatives, the partnership represents a significant step toward decarbonization. It further supports NGEL's target of achieving a 60 GW renewable energy portfolio by 2032, underscoring its commitment to India's green energy transition and to the global movement toward net-zero emissions.

Shares of NTPC Green Energy Limited was last trading in BSE at Rs. 99.59 as compared to the previous close of Rs. 98.15. The total number of shares traded during the day was 482763 in over 3515 trades.

The stock hit an intraday high of Rs. 100.90 and intraday low of 98.90. The net turnover during the day was Rs. 48039907.00.

Source : Equity Bulls

Keywords

INE0ONG01011 NTPCGreenEnergy PowerGeneration MoU ENEOSCorporation Japan