NTPC and RRVUNL form JV for 25,000 MW renewable energy projects in Rajasthan
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have established a joint venture (JV) named “NTPC Rajasthan Green Energy Limited” to develop 25,000 MW renewable energy projects in Rajasthan. NGEL holds a 74% equity stake in the JV, while RRVUNL holds 26%. The company will develop, operate, and maintain Ultra Mega Renewable Energy Power Parks (UMREPP) and renewable energy projects, including solar, wind, and hybrid…