NTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with ENEOS Corporation, Japan, to explore delivering Green Methanol and Green Hydrogen derivatives. The MoU, exchanged on October 10, 2025, at World Expo 2025 in Osaka, aims to finalize an agreement for NGEL to supply these green products to ENEOS. The partnership aligns with NGEL’s goal of achieving a 60 GW renewable energy portfolio by 2032.
Strategic Green Energy Alliance
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, is joining forces with ENEOS Corporation of Japan, solidifying their commitment to sustainable energy solutions. The two companies have formalized a Memorandum of Understanding (MoU) aimed at exploring a definitive agreement where NGEL will supply ENEOS with Green Methanol and Green Hydrogen derivative products. This collaboration marks a significant step towards advancing green energy initiatives.
MoU Exchange Details
The official exchange of the MoU took place on October 10, 2025, at the prestigious World Expo 2025 held in Osaka, Japan. This event underscores the global significance of the partnership and its potential impact on the renewable energy landscape.
Pudimadaka Green Hydrogen Hub
This MoU is centered around NGEL’s ambitious Green Hydrogen Hub located in Pudimadaka, Andhra Pradesh. The hub, sprawling across 1200 acres, is being developed as an integrated facility for the production and export of green chemicals, reinforcing India’s position in the global green energy market.
Decarbonization and Renewable Energy Targets
The collaboration between ENEOS and NGEL is expected to significantly contribute to decarbonization efforts. By combining ENEOS’s demand for hydrogen derivative products with NGEL’s renewable energy and green hydrogen projects, this partnership aims to achieve NGEL’s target of reaching a 60 GW renewable energy portfolio by 2032, demonstrating a strong commitment to India’s green energy transition and the global movement toward net-zero emissions.
Source: BSE