Ntpc Green Energy Limited, a subsidiary of NTPC Limited, has signed an agreement with Indus Towers Ltd. to address the requirement for pacing environmentally friendly green energy goals and the GoI's endeavors towards a carbon-neutral economy.
The Memorandum of Understanding will investigate the joint improvement of matrix-associated sustainable power-based power projects, including wind, solar and energy capacity and an organization explanation added.
Indus Towers Ltd, a telecommunications company, expects to grow its environmentally friendly power portfolio in a staged way to the giga-watt (GW) scale limit for its business tasks nationwide on account of its net zero responsibilities.
The MoU was endorsed by Soumya Kanti Chowdhuri, Chief General Manager, NGEL and Vikas Poddar, Chief Financial Officer (CFO), ITL, in the presence of other senior authorities from NTPC and ITL.
NTPC is India's biggest power utility, with the center business of power generation having a total installed limit of 76 GW. It has aggressive plans to reach 60 GW of Renewable Energy by 2032; presently, it has 3.5 GW of installed RE limit and 28+ GW under pipeline.
ITL, the nation's driving passive telecom framework supplier, conveys, claims, and oversees more than 211,775 telecom towers and correspondence structures. With a presence in the 22 telecom circles, Indus Towers takes special care of wireless telecommunication service providers in India.
