NGEL inks MoUs with GSPC and GPPL during Vibrant Gujarat Global Summit

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NGEL inks MoUs with GSPC and GPPL during Vibrant Gujarat Global Summit

NGEL inks MoUs with GSPC and GPPL during Vibrant Gujarat Global Summit

Industry News
Jan 17,24

The MoU aims for the blending of Green Hydrogen in the gas networks of GSPC and Green Hydrogen mobility by setting up of Green Hydrogen fuelling stations in Gujarat.

NGEL inks MoUs with GSPC and GPPL during Vibrant Gujarat Global Summit

NTPC Green Energy (NGEL) has executed MoUs with Gujarat State Petroleum Corporation (GSPC) and Gujarat Pipavav Port (GPPL) during the three-day Vibrant Gujarat Global Summit held at Gandhinagar. The summit was inaugurated by Prime Minister on January 10, 2024.

The MoU with GSPC was exchanged between Gurdeep Singh, CMD, NTPC and Milind Torawane, MD, GSPC in the presence of Chief Minister of Gujarat, Mnister of Finance, Energy and Petrochemicals, GoG, Dr V K Saraswat, Member, NITI Aayog and other senior officials and International delegates. The MoU aims for the blending of Green Hydrogen in the gas networks of GSPC and Green Hydrogen mobility by setting up of Green Hydrogen fuelling stations in Gujarat.

Other MoU with GPPL exchanged between GM-Hydrogen, NTPC and MD of APM Terminals, Pipavav that aims to develop Green Hydrogen ecosystem including production of Green Ammonia at the land provided by GPPL for export and domestic market. It also aims to explore Pipavav Port as an anchor port by NGEL for exploration, development and operations of offshore wind farms in Gujarat.

NGEL is a wholly-owned subsidiary of NTPC and aims to be the flag bearer of NTPC’s Renewable Energy journey with an operational capacity of over 3.4 GW and 26 GW in pipeline including 7 GW under implementation.

GSPC is one of the largest gas trading companies of India, engaged also in exploration, development and production of oil and natural gas.

GPPL is one of the leading private ports of India promoted by A.P. Møller – Mærsk A/S which currently has the handling capacity of 1.35 million TEUs of containers, 4 - 5 million tonnes of dry bulk cargo, 2 million tonnes of liquid cargo and about 250,000 cars per year.