Nayara Energy Unlisted Shares
NTPC, Nayara Energy sign MoU on green hydrogen production
PV Magazine
2 min read
NTPC Green Energy Ltd (NGEL) & Nayara Energy enter into a Memorandum of Understanding (MoU) to explore opportunities in green space.
Mohit Bhargava, CEO of NGEL’s words
“Green hydrogen would be a crucial element of India’s clean energy future, and with this partnership, we will explore and implement cutting-edge technologies to produce green hydrogen, contributing to a cleaner and more resilient energy landscape.”
Justification
National Thermal Power Corporation (NTPC)’s renewable energy arm, NTPC Green Energy Ltd. & Nayara Energy, an oil refining & marketing company, have entered into an MoU for exploring opportunities in the green hydrogen & energy space.
The MoU aims to create green hydrogen for Nayara Energy's use, expedite decarbonization, and reduce the carbon footprint.
Nayara Energy, the owner of India’s second-largest single-site refinery at Vadinar, Gujarat with a capacity of 20 million metric tons p.a (mmtpa) has 6k+ outlets & its service offering ranges from refining to retail.
Leading power producer NTPC aims for 60 GW of RE capacity by the year 2032 and is currently working on a pipeline of 20+ GW, out of which over 3 GW is operational capacity.
The MoU will lead to increased revenue & profitability for both companies.
With the increased trend of green energy, the company’s actions towards it will be beneficial in the long run.
Precize Daily Pulse
The latest news in the world of Unlisted Shares, summarised by our experts.
Company
Our Office
Office No. 1219, The Summit Business Park, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra - 400093
Find us on Googlesupport@precize.in
+91 7738336457
All trademarks and logos or registered trademarks and logos found on this Site or mentioned herein belong to their respective owners and are solely used for informational and educational purposes.
The material presented in this advertisement is for informational purposes only and should not be construed as investment advice or investment availability. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular unlisted share, security, strategy, or investment product. Investing in the private market and securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Market trends, data interpretations, graph projections are provided for informational and illustrative purposes and may not reflect actual future performance. Nothing on this website should be construed as personalized investment advice or should not be treated as legal, financial, or any other form of advice. Precize is not liable for financial or any other form of loss incurred by the user or any affiliated party based on information provided herein.
Precize is neither a stock exchange nor does it intend to get recognized as a stock exchange under the Securities Contracts Regulation Act, 1956. Precize is not authorized by the capital markets regulator to solicit investments. The securities traded on these platforms are not traded on any regulated exchange.
The website will be updated regularly.
Copyright © 2026 - Precize - All Rights Reserved