NTPC Green Energy Limited (NGEL) has signed a Joint Venture Agreement on Monday with Indian Oil Corporation (IOCL) for setting up of renewable energy projects to meet round-the-clock power requirement of Indian Oil refineries.
The joint venture (JV) agreement was signed in the august presence of NTPC’s CMD Gurdeep Singh, Indian Oil’s Chairman Shrikant Madhav Vaidya, NTPC Limited’s Director (HR) DK Patel, Director (Projects) UK Bhattacharya, Director (Finance) Jaikumar Srinivasan, Indian Oil’s Director (Refineries) Sukla Mistry and along with other senior officials from NGEL, NTPC REL, and Indian Oil.
The joint venture agreement has been signed by Indian Oil’s Executive Director (M&I) Kausik Basu, and NGEL’s General Manager VV Sivakumar at NTPC’s Corporate Centre, SCOPE Complex, New Delhi.