Gujarat Alkalies signs MoU with NTPC Renewable Energy

Gujarat Alkalies signs MoU with NTPC Renewable Energy

by admin- Thursday, July 7th, 2022 03:54:28 PM

Gujarat Alkalies and Chemicals Ltd(GACL) and NTPC Renewable Energy Ltd (NTPC REL), an entirely owned subsidiary of NTPC signed Memorandum of Understanding (M0U) on July 06, 2022 at New Delhi to discover the business possibilities of mutual hobby within the areas of sourcing of renewable strength having most desirable mix of sun, wind and other clean strength together with strength garage answers to the extent of about one hundred MW, as required for the operations and manufacturing of GACL at Vadodara Complex and/or Dahej Complex or any of its other Complexes and to together work on synthesizing Green Chemicals which include Methanol and
Ammonia for captive use by means of GACL using Hydrogen and CO2 available at GACL. The M0U changed into signed by using Shri Harshad R Patel, IAS, Managing Director, GACL and Shri Mohit Bhargava, Chief Executive Officer, NTPC REL.

This is a first-of-its-kind novel initiative among leading CPSE and State Government Promoted Company to assist u . S .’s dedication to attain renewable electricity targets and reduce greenhouse emissions.

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