NTPC Green Energy and Andhra Pradesh form a $25.6 billion joint venture for renewable energy projects.

NTPC Green Energy Ltd and Andhra Pradesh's New and Renewable Energy Development Corporation have formed a $25.6 billion joint venture to develop 25 GW of solar, wind, and hybrid projects. The initiative aims to create over 100,000 jobs and produce 0.5 million metric tons of green hydrogen annually. It aligns with Andhra Pradesh's goal to become a leader in renewable energy, supporting India's net-zero ambitions.

November 21, 2024
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