NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), signed a Memorandum of Understanding (MoU) with the Goa Energy Development Agency (GEDA) to develop 300 MW or more of renewable energy projects with/without energy storage in the state of Goa.
This MoU was signed on the 18th of July, 2025 between the Managing Director of GEDA, Gauresh Ashok Pilgaonkar and Pushpendra Tyagi, who is the CFO of NTPC REL in the presence of the Honorable Chief Minister of Goa and other senior officials.
The partnership is meant to bolster the state with renewable energy generation and help India achieve its clean energy initiatives.
NTPC is India’s largest integrated power company, dedicated to lighting every corner of the country and building a sustainable future for all. As a leader in the power sector, we are committed to generating efficient and affordable power, aiming to achieve 130 GW by 2032. We embrace a diverse fuel mix, integrating fossil fuels, gas, hydro, nuclear, and renewable sources to minimize our carbon footprint.
Established in 1975, NTPC has played a vital role in India’s economic growth for nearly five decades. With a commitment to operational excellence and adherence to global standards, we are lighting every fourth bulb in the country!