NTPC Renewable Energy signs Term Sheet with Greenko ZeroC Pvt Ltd

Mumbai, Mar 29: NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko ZeroC Pvt Ltd (A Greenko Group Company) on Marchn 28, 2023 to Supply 1300 MW Round the Clock RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada, India.
The Term Sheet was signed in the august presence of Sh. Mohit Bhargava, CEO, NTPC Renewable Energy Limited, Shri Anil Chalamalasetty, Founder and MD, Greenko and other senior officials from NTPC Renewable Energy Limited., NTPC said in a filing with BSE.
The agreement between the two companies is one of the world’s single largest contract for supply of roundthe-clock renewable supply for an industrial client.
The Term Sheet was signed by Sh. Rajiv Gupta, Chief General Manager, NTPC Renewable Energy Limited and Sh. Mahesh Kolli, Founder and Joint MD, Greenko Group at NTPC office in New Delhi., filing added.
(UNI)