Shares of NTPC Inexperienced Vitality Ltd are buying and selling flat after touching a day’s excessive of Rs 105.95 on eighth September, regardless of the agency saying that it has signed a Memorandum of Understanding (MoU) with V.O. Chidambaranar Port Authority (VOCPA) in Tuticorin, Tamil Nadu. The MoU goals to advance inexperienced power applied sciences at VOC Port, significantly the inexperienced hydrogen mobility scheme.
As a part of the MoU, NTPC Inexperienced Vitality Ltd (NGEL) will arrange a inexperienced hydrogen fuelling station at VOC Port in Tuticorin and deploy hydrogen-powered vehicles for port operations. This transfer is aimed toward changing fossil gasoline vehicles with cleaner options, supporting decarbonisation and power safety.
NTPC already runs a inexperienced hydrogen mixing undertaking in Surat, Gujarat, and has launched comparable mobility initiatives in Leh, Larger Noida, Bhubaneswar, and Kandla Port.
The corporate can be creating a inexperienced hydrogen hub in Visakhapatnam, Andhra Pradesh, and has set a goal of 60 GW renewable power capability by 2032, backed by power storage options.
At 1:11 PM, the shares of NTPC Inexperienced had been buying and selling 0.86% decrease at Rs 103.16 on NSE.
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