NTPC Green Energy signs MoUs with GSPC, GPPL for green hydrogen initiatives
13 Jan 2024
NTPC Green Energy Ltd (NGEL) has signed memoranda of understanding (MoUs) with Gujarat State Petroleum Corporation Ltd (GSPC) and Gujarat Pipavav Port Ltd (GPPL) for the promotion of hydrogen as a fuel by making it widely available.
Under the MoU with Gujarat State Petroleum Corporation Ltd (GSPC), NGEL will help in the blending of green hydrogen in the gas networks of GSPC and promote green hydrogen mobility by setting up hydrogen fuelling stations in Gujarat.
The MoU with Gujarat Pipavav Port Ltd aims to develop a green hydrogen ecosystem including production of green ammonia for export and the domestic market, at the land provided by GPPL. It also aims to explore the development of Pipavav Port as an anchor port by NGEL for exploration, development and operations of offshore wind farms in Gujarat.
The MoUs were signed during the three-day Vibrant Gujarat Global Summit 2024, being held in Gandhinagar during 10-12 January 2024.
NGEL, a wholly-owned subsidiary of NTPC, is the prime mover of NTPC’s renewable energy programmes. It has an operational capacity of over 3.4 GW, with 26 GW more in pipeline including 7 GW under implementation.
GSPC is one of the largest gas trading companies in India, engaged in exploration, development and production of oil and natural gas.
GPPL, promoted by AP Moller and Maersk, is one of the leading private ports in India. It has a current handling capacity of 1.35 million TEUs of containers, 4-5 million tonnes of dry bulk cargo, 2 million tonnes of liquid cargo and about 2,50,000 cars per year.