Davos, Switzerland: NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh to develop renewable energy and green hydrogen projects in the state. The agreement was signed on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland, reinforcing India’s commitment to a clean energy transition and sustainable growth initiatives.
MoU to Boost Renewable Energy and Green Hydrogen in Uttar Pradesh
The MoU focuses on providing renewable energy solutions to support the development of green hydrogen projects across Uttar Pradesh. The partnership aims to accelerate the adoption of sustainable energy technologies, strengthen India’s green energy ecosystem, and promote decarbonization in industrial and energy sectors.
Key aspects of the agreement include:
- Development of renewable energy infrastructure for green hydrogen production
- Collaboration between NGEL and UP government agencies for planning, implementation, and monitoring
- Deployment of innovative solutions to support Uttar Pradesh’s clean energy goals
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Key Signatories and Event Highlights
The MoU was signed by:
- Vijay Kiran Anand, CEO, Invest UP & UPSIDA
- DMR Panda, Executive Director, NTPC Green Energy Limited
The ceremony was attended by Hon’ble Minister of Finance & Parliamentary Affairs, Govt. of Uttar Pradesh, Mr. Suresh Kumar Khanna, along with senior officials from both NTPC/NGEL and the UP Government.
The agreement highlights the growing collaboration between state governments and central public sector enterprises to implement green energy and hydrogen solutions, aligning with India’s vision of net-zero carbon emissions and renewable energy expansion.
Strategic Significance of the MoU
The partnership between NTPC Green Energy and Uttar Pradesh is expected to:
- Strengthen India’s green hydrogen ecosystem
- Facilitate large-scale renewable energy deployment in northern India
- Support the state’s industrial decarbonization and energy transition efforts
- Enhance investment opportunities and attract private sector participation in renewable projects
This initiative also reflects India’s broader strategy to accelerate the adoption of low-carbon technologies and achieve its 2030 and 2070 climate goals.
About NTPC Green Energy Limited
NTPC Green Energy Limited (NGEL) is a subsidiary of NTPC Limited, India’s largest energy conglomerate. NGEL focuses on renewable energy, green hydrogen, and sustainable solutions, playing a key role in India’s clean energy transition. The company develops and operates wind, solar, hydro, and hybrid projects, contributing significantly to the country’s renewable energy capacity and climate action goals.
