New Delhi: In order to realize the green energy and green hydrogen objectives of NTPC, a Joint Venture Agreement (JVA) was signed between NTPC Green Energy Limited (NGEL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL), the state-owned power generation company managing thermal and hydroelectric stations in Rajasthan. The agreement was signed on Tuesday in Jaipur, in the presence of chief minister of Rajasthan, Bhajan Lal Sharma.

The JVA was exchanged between Rajiv Gupta, CEO (NGEL) and Devendra Shringi, CMD (RVUNL) in the august presence of Gajendra Singh Khimsar, health minister Jogaram Patel, minister of parliamentary affairs, Manju Sharma, Jaipur MP, Alok ACS (Energy) and other dignitaries from NGEL and RVUNL.

160 MW out of total 320 MW Solar Power Project at Bhainsara, Rajasthan was also dedicated to nation by chief minister of Rajasthan.

The JV Company will undertake development of 25 GW of Renewable Energy Projects and 1 MMTPA of Green Hydrogen / Derivatives in the state of Rajasthan.