NTPC Green Energy Join Hands With BLP For Green Hydrogen Distribution

ENA Sectors 2025-02-21 14:31:02 New Delhi, Feb 21 (KNN) NTPC Green Energy Limited (NGEL) and Bharat Light and Power Private Limited (BLP) have entered into a strategic partnership through a memorandum of understanding (MoU) signed on February 19, 2025, at the SCOPE Complex in New Delhi. The agreement was formally exchanged between DMR Panda, Chief General Manager and Head of Hydrogen, NTPC, and T P Chopra, President and CEO, BLP, with senior officials from both organisations present at the ceremony. This collaboration marks a substantial step forward in the nation's pursuit of carbon neutrality. Under the terms of the MoU, both entities will collaborate to explore opportunities for the distribution of green hydrogen and its derivatives from NGEL and its affiliates to third-party consumers. The partnership extends beyond hydrogen initiatives to include the commercialisation of captured carbon and biogenic carbon from NGEL's operational facilities. NGEL has committed to establishing the necessary infrastructure for green hydrogen production, including renewable energy projects, under the Build-Own-Operate (BOO) model. This comprehensive approach demonstrates NGEL's dedication to fulfilling its Net Zero commitments while maintaining operational control over the projects. This strategic alliance aligns closely with the government's broader environmental initiatives, particularly in promoting green hydrogen adoption and carbon capture technologies. The partnership represents a significant step forward in India's ongoing transition toward a more sustainable and environmentally conscious energy ecosystem. (KNN Bureau) 41158 https://knnindia.co.in/news/newsdetails/sectors/ntpc-green-energy-join-hands-with-blp-for-green-hydrogen-distribution 2025-02-21 14:31:02 knnindia.co.in NTPC Green Energy Join Hands With BLP For Green Hydrogen Distribution