Chennai: NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has entered into a Memorandum of Understanding (MoU) with V.O. Chidambaranar Port Authority (VOCPA) in Tuticorin, Tamil Nadu, to promote green energy solutions.
Under the agreement, NGEL will set up a green hydrogen fuelling station at VOC Port and roll out hydrogen-based internal combustion engine trucks to support port operations. The initiative aims to gradually replace fossil fuel-driven trucks with cleaner alternatives, boosting decarbonisation efforts and energy security.
NTPC has already been running a green hydrogen blending project in Surat, Gujarat, for over two years and has launched mobility projects in Leh, Greater Noida, Bhubaneswar, and Kandla Port. In addition, NGEL is developing a green hydrogen hub in Visakhapatnam, Andhra Pradesh, and is working toward a target of 60 GW of renewable energy capacity by 2032, supported by energy storage systems.
Shares of NTPC Green Energy ended at ₹104.10 on the BSE on Friday, rising ₹0.66 or 0.64 percent.
BI Bureau
