NTPC Green Energy and Bihar Government Join Hands for Renewable Energy Projects
Key Ideas
- NTPC Green Energy Ltd. signs MoU with Bihar government during Bihar Business Connect 2024 Summit for renewable energy projects, including solar installations and green hydrogen initiatives.
- The MoU outlines significant investments in Bihar for various renewable energy projects, with a high level of interest from investors in the sector.
- Bihar government will facilitate necessary permissions, registrations, and approvals to support the development of renewable energy projects in the state.
- Apart from NTPC Green Energy, other significant players in the renewable energy space like Adani Group and NHPC show interest in investing in Bihar.
NTPC Green Energy Ltd. (NGEL) has signed a Memorandum of Understanding (MoU) with the Bihar government to develop renewable energy projects in Bihar. The MoU, exchanged during the Bihar Business Connect 2024 Summit in Patna, focuses on establishing solar installations, battery energy storage systems, and green hydrogen mobility initiatives. The agreement outlines significant investments in Bihar's renewable energy sector, with a notable amount proposed for various projects. Investors like Adani Group, NHPC, and others have shown interest in contributing to the state's renewable energy landscape. The Bihar government has pledged to provide necessary support by facilitating permissions, registrations, and approvals required for these projects. This partnership aims to drive the growth of renewable energy infrastructure in Bihar, showcasing a positive outlook towards sustainable energy development in the region.
Topics
Green Hydrogen
Renewable Energy
Investment
Partnership
Government Support
Business Development
Summit
Battery Storage
Solar Installations
Latest News