India’s largest integrated energy company, NTPC Limited, has signed multiple Memorandums of Understanding (MoUs) with the Government of Madhya Pradesh during the Global Investors Summit 2025 in Bhopal. These agreements aim to drive India’s clean energy transition and support Net Zero targets.
*Significant Investments in Clean Energy*
Under the MoUs, NTPC will invest ₹80,000 crore to develop sustainable, non-fossil fuel power plants across Madhya Pradesh. The agreements were signed between NTPC Ltd. and Madhya Pradesh Power Management Company Limited (MPPMCL) on behalf of the state government. Additionally, NTPC will invest ₹4,000 crore to establish an 800 MW Pumped Hydro Storage Project, boosting the state’s energy storage capabilities.
*Key Figures Present at the Signing*
The MoUs were signed in the presence of Madhya Pradesh Chief Minister Dr. Mohan Yadav and NTPC CMD Shri Gurdeep Singh, along with senior officials from both parties. As India’s largest power producer, NTPC currently has an installed capacity of 77 GW, with 29.5 GW under construction, including 9.6 GW of renewable energy projects. The company is on track to achieve 60 GW of renewable energy capacity by 2032.
*Landmark Agreement for Renewable Energy Projects*
NTPC Green Energy Limited has also signed a landmark Memorandum of Understanding (MoU) with Madhya Pradesh Power Generating Company Limited (MPPGCL) to develop Renewable Energy (RE) projects of up to 20 GW or more in Madhya Pradesh. This ambitious initiative involves an estimated investment of ₹1,20,000 crore, marking a significant step towards India’s clean energy transition. The agreement facilitates the formation of a Joint Venture Company (JVC), which will play a crucial role in meeting the Renewable Generation Obligation (RGO) of MPPGCL and the Renewable Purchase Obligation (RPO) of Madhya Pradesh DISCOMs.
*Leading India’s Clean Energy Revolution*
By expanding its solar, wind, hydro, and energy storage projects, NTPC continues to lead India’s clean energy revolution, ensuring reliable, affordable, and sustainable power for the nation. The investments and agreements underscore NTPC’s commitment to driving the country’s transition to cleaner energy sources and supporting its Net Zero targets.
These developments mark a significant milestone in India’s journey towards a sustainable energy future, with Madhya Pradesh playing a pivotal role in this transformation.
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