Key Takeaways
- The Shyama Prasad Mukherjee Port signed an MoU with NTPC NGEL to launch a green hydrogen hub.
- NTPC Green Energy Limited (NGEL) will lead renewable energy and storage projects at the port.
- NTPC aims for 60 GW of renewable capacity by 2032, boosting India’s clean energy transition.
Kolkata: Shyama Prasad Mukherjee (Kolkata) has signed an MoU with NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of India’s leading integrated power producer NTPC Limited, for the development of a Green Hydrogen hub in this city, official sources said on Tuesday.
The Memorandum of Understanding (MoU) was signed between Bimal Gopalachari, AGM (NGEL) and Amit Kumar Kar, CME (SMPK) in the presence of Mohit Bhargava, CEO (NGEL) and other senior
officials of NTPC and SMPK on Monday in New Delhi.
NTPC is India’s largest power utility, with a total installed capacity of 73+ GW.
Its wholly‑owned subsidiary, NGEL, is expanding renewable energy capacity, including projects for green hydrogen and energy storage.
The group targets 60 GW of renewable energy capacity by 2032, with 3.2 GW already installed and over 20 GW in the pipeline.
The Syama Prasad Mukherjee Port, is an autonomous body under the Ministry of Ports, Shipping, Waterways.
