NGEL-RVUNL Joint Venture: Boosting Renewable Energy in Rajasthan
Key Ideas
  • NGEL and RVUNL have finalized a Joint Venture Agreement to advance green energy and green hydrogen projects in Rajasthan.
  • The partnership aims to develop 25 GW of renewable energy projects and produce 1 MMTPA of green hydrogen, aligning with sustainability goals.
  • The signing ceremony in Jaipur was attended by Rajasthan CM Bhajan Lal Sharma, highlighting the state's commitment to renewable energy and environmental sustainability.
  • The collaboration signifies a step towards a greener economy in India, emphasizing the synergy between state-owned enterprises for energy security and reduced carbon intensity.
NTPC Green Energy Limited (NGEL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) have recently finalized a Joint Venture Agreement in Jaipur, India. The agreement aims to bolster green energy and green hydrogen projects in Rajasthan, with a focus on developing 25 GW of renewable energy projects and producing 1 MMTPA of green hydrogen and its derivatives. The signing ceremony, attended by Rajasthan CM Bhajan Lal Sharma, emphasized the commitment of the state to sustainability and renewable energy goals. The collaboration between NGEL and RVUNL highlights the potential for growth in renewable sources and green hydrogen production. This partnership not only supports India's vision of transitioning to a greener economy but also underscores the importance of cooperation between state-owned enterprises in achieving energy security and reducing carbon intensity.
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