NGEL and RVUNL establish joint venture agreement to promote green energy and green hydrogen initiatives
GPS Renewables has partnered with STEER Engineering to develop a state-of-the-art bio-processor for the BioCNG sector. The new processor will efficiently handle agro-residue and biomass feedstocks, boosting biofuel yields. This collaboration aligns with India’s sustainability goals, aiming to reduce waste, enhance energy security, and support biofuel production, offering an innovative solution to the growing demand for clean energy.
NTPC Green Energy Ltd. (NGEL) and Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RVUNL) have established a joint venture agreement (JVA) to promote green energy and green hydrogen initiatives. The agreement was signed by Rajiv Gupta, CEO of NGEL, and Devendra Shringi, CMD of RVUNL, in the presence of Rajasthan Chief Minister Bhajan Lal Sharma. Other distinguished attendees included Gajendra Singh Khimsar, Minister of Medical and Health; Jogaram Patel, Minister of Parliamentary Affairs; Manju Sharma, MP from Jaipur; Alok (IAS), Additional Chief Secretary (Energy); and various dignitaries from NGEL and RVUNL, reported Energetica India.
The joint venture aims to develop 25 GW of Renewable Energy Projects and produce 1 MMTPA of Green Hydrogen and its derivatives in Rajasthan. Additionally, the Chief Minister inaugurated 160 MW of a 320 MW Solar Power Project at Bhainsara, Rajasthan. This partnership underscores the commitment of both NGEL and RVUNL to advancing India’s renewable energy and green hydrogen objectives, significantly contributing to the nation’s energy transition and sustainability initiatives.
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