NTPC Green Energy saw a rise in its stock value by 2.20% to reach an intraday high of ₹108.40 following the announcement of a Memorandum of Understanding (MoU) with Bharat Light and Power (BLP). The collaboration between the two companies aims to drive green energy initiatives in India while supporting the country's carbon neutrality goals. The agreement, signed on February 19, 2025, focuses on joint opportunities in green hydrogen off-take, its derivatives, and the sale of captured or biogenic carbon. NTPC Green Energy will be responsible for setting up the necessary infrastructure for green hydrogen projects, including renewable energy installations, to operate under the Build-Own-Operate model. This move underscores the company's commitment to achieving Net Zero emissions. The MoU signing took place at the SCOPE Complex in New Delhi and demonstrates a significant step towards sustainable practices in the energy sector. NTPC Green Energy's stock was trading higher post the announcement, showing positive market sentiment towards the collaboration.