NTPC Partners French Energy Giant EDF in Clean Power Push
What Happened
NTPC Limited and EDF Power Solutions India have formed a 50:50 joint venture to develop and operate low-carbon energy projects, including pumped storage, hydroelectric and renewable energy assets in India and neighbouring countries. The partnership supports India's clean energy transition goals.
Key Takeaways
The JV combines NTPC's scale with EDF's global expertise to accelerate renewable energy development and help meet India's target of 100 GW of pumped storage capacity by 2036.