Joint Venture for Renewable Energy Power to Data Centers

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New Delhi, March 24 NTPC Green Energy Limited (NGEL) has signed an agreement with Nxtra Data to jointly explore opportunities in the area of renewable energy.

The memorandum of understanding (MoU) was signed by Sarit Maheshwari, CEO of NGEL, a subsidiary of NTPC, and Ashish Arora, CEO of Nxtra, according to an exchange filing.

"The MoU aims to explore mutually beneficial business opportunities for the development of renewable energy projects to provide round-the-clock renewable energy power to Nxtra Data centers across India for their captive consumption," it said.
 

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ashish arora business opportunities captive consumption data centers energy projects energy supply india memorandum of understanding ntpc green energy limited nxtra data power generation renewable energy renewable power sarit maheshwari strategic partnership
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