New Delhi, January 15, 2026: NTPC Green Energy Limited (NSE: NTPCGREEN | BSE: 544289) on Thursday announced that its Board of Directors has approved the formation of a 50:50 joint venture company with GAIL (India) Limited to undertake renewable energy projects in India.
Joint Venture Structure and Objective
The proposed joint venture will be incorporated as an equal partnership between NTPC Green Energy and GAIL, with both entities holding a 50 percent stake each. The new company will focus on developing, owning, and operating renewable energy projects, aligning with India’s broader clean energy and energy transition goals.The approval was granted during the Board meeting held on January 15, 2026.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.