EIL and NTPC execute Memorandum of Agreement (MoA) to Collaborate in the Emerging Green Business Segment

Oct 26, 2023

New Delhi, October 26, 2023: In line with its vision of venturing into emerging Green Business sectors, Engineers India Limited (EIL) inked a Memorandum of Agreement (MoA) with NTPC Limited on October 25, 2023. As per the MoA framework, EIL will engage with NTPC to carry out collaborative work in the domain of Carbon Capture Utilization & Storage (CCUS), Green Fuel, Green Chemicals including Green Hydrogen, Green Ammonia, Green Fertilizers, Bio-Fuels, Decarbonization, Waste Handling, Water, Ash, etc., paving the way for a clean energy transition.

The MoA was signed by Mr. Atul Gupta, Director (Commercial), EIL and Mr. Ujjwal Kanti Bhattacharya, Director (Projects), NTPC Ltd. in the presence of Mr. Jaikumar Srinivasan, Director (Finance), NTPC Ltd., Mr. Rajiv Agarwal, Director (Technical), EIL and other senior officials of NTPC & EIL at NTPC's Corporate Office in New Delhi.

"The collaborative work by EIL and NTPC has potential to catalyze the efforts in the areas of Clean Fuels and Green chemicals towards achieving India's Intended Nationally Determined Contributions (INDCs) within the defined timeline.", CMD EIL, Ms Vartika Shukla expressed while congratulating both EIL and NTPC teams for steering the initiatives.

Attachments

Disclaimer

Engineers India Limited published this content on 26 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2023 08:08:39 UTC.