NTPC Green Energy Ltd. (NGEL) has signed a Memorandum of Understanding (MoU) with the Bihar government to develop renewable energy projects, including solar installations, battery storage, and green hydrogen initiatives. The agreement was formalized during the Bihar Business Connect 2024 Summit held in Patna, where key officials from NGEL and the Bihar government were present. The MoU sets the stage for significant investments in Bihar's renewable energy sector, with a particular emphasis on ground-mounted and floating solar installations, battery energy storage systems, and green hydrogen mobility projects. The government of Bihar has committed to providing necessary support and approvals for the successful implementation of these initiatives. The Bihar Business Connect 2024 Summit showcased a strong interest in renewable energy investments, with a total commitment of INR 1.81 lakh crore, out of which INR 90,734 crore has been proposed for 17 renewable energy units. Alongside NTPC Green Energy, other prominent investors in the renewable energy space, such as Adani Group, NHPC, Sun Petrochemicals, and Ashoka Buildcon, are also contributing to the sector's growth in Bihar. This collaboration between NTPC Green Energy and the Bihar government is expected to accelerate sustainable energy development in the region, leading to economic growth and environmental benefits.