NTPC Vidyut Vyapar Nigam Ltd (NVVN), a wholly-owned subsidiary of India’s largest energy conglomerate NTPC Ltd has signed an MoU with Greenko Energies Pvt Ltd on August 25 for exploring the possibility of entering into an arrangement for trading, collaboration and partnership in integrated renewable energy storage projects set up by GREENKO to offer round the clock (RTC) renewable energy power to potential customers in the country.
The pact with Greenko Energies will help NVVN to establish itself strongly in various segments of RTC bundled renewable power.
With a total installed capacity of 62.9 GW, the NTPC Group has 70 power stations comprising of 24 coal, 7 combined cycle gas and liquid fuel, 1 hydro, 13 renewables along with 25 subsidiary and joint venture power stations. The group has over 20 GW of capacity under construction, including 5 GW of renewable energy projects.