NTPC Green Energy Limited has received approval for a 50:50 joint venture with GAIL (India) Limited. This collaboration will focus on undertaking Renewable Energy Projects. The approval was granted during a board meeting held on January 15, 2026. Further details regarding the specifics of the projects will be disclosed in due course.
Joint Venture Approval
NTPC Green Energy Limited has secured approval from its Board of Directors to form a 50:50 Joint Venture Company (JVC) with GAIL (India) Limited.
Renewable Energy Focus
The joint venture aims to undertake various Renewable Energy Projects. These projects are subject to approvals from the Ministry of Power, DIPAM, and other relevant statutory authorities.
Next Steps
Further details regarding the specifics of the renewable energy projects and other relevant information will be disclosed at a later date. An update, as per the Securities and Exchange Board of India Master Circular dated November 11, 2024, will be intimated in due course.
Source: BSE
