New Delhi: NTPC Renewable Energy Ltd (NTPCREL) collaborates with a state government-owned chemical manufacturer, Gujarat Alkalies and Chemicals Limited (GACL) to work on Renewable energy and synthesizing Green Chemicals.
The Memorandum of Understanding (MoU) was signed today in New Delhi to realize green energy and green hydrogen objectives and the Government of India’s efforts toward the carbon-neutrality economy. The MoU was signed by Shri Harshad R Patel, Managing Director, GACL, and Shri Mohit Bhargava, Chief Executive Officer, NTPC REL.
Both the forward-looking companies will lead forward the first commercial-scale green Ammonia and Green Methanol project in the country to align with the Atmanirbhar Bharat.
The MoU envisages collaborating in the field of Renewable Energy, Green Methanol & Green Ammonia and mutually exploring the opportunities for the supply of 100 MW RE-RTC (Round The Clock) power and synthesizing 75 TPD Green Methanol and 35 TPD Green Ammonia for captive use for the production of various chemicals by GACL at its Vadodara and Dahej complex in Gujarat.
This would be the first commercial-scale Green ammonia and Green methanol project in the country and would align with the vision laid out by the Prime Minister for Atmanirbhar Bharat.
NTPCREL is taking up large Solar, Wind, and Hybrid Projects all over the country and developing Gigawatt scale Renewable Energy Parks and Projects in different states under the UMREPP (Ultra Mega Renewable Energy Power Park) scheme of the Government of India. In addition to this Green Hydrogen-based Mobility and ESG projects are also being pursued.
News & Image Source : psuconnect.in
