NTPC shares rose 4.09% to a record high of Rs 318.80 against the previous close of Rs 306.25 on BSE. Earlier, NTPC stock opened higher at Rs 310.60 on BSE.
This collaboration is in line with NTPC s initiatives to develop hydrogen projects in India and aligns with the government s vision of Atmanirbhar Bharat. NGEL CEO Bhargava said green hydrogen would be a crucial element of India s clean energy future, and with this partnership, the company will explore and implement cutting-edge technologies to produce green hydrogen.
NTPC expects to commission 3.5 GW of capacity by 2030 from its two nuclear plants under construction. The power generator is also in talks with American, French and Russian companies for partnership in developing small modular reactors
The agreement between the two companies is one of the world’s single largest contract for supply of round-the-clock renewable supply for an industrial client, , NTPCREL, NTPC Renewable Energy Limited, ntpc green energy, Greenko
NTPC shares ended 1.22% higher at Rs 174.05 against the previous close of Rs 171.95 on BSE. They hit an intraday high of Rs 175.40, rising 2.01% on BSE.