16-January-2026
Corporate News
 
NTPC Green Energy to form 50:50 JV with GAIL for setting up RE projects
16-Jan-2026

State-owned NTPC Green Energy on Thursday said its board has given a go-ahead for the formation of 50:50 joint venture with GAIL (India) Ltd for development of renewable energy projects. "Board of Directors of the Company in their meeting held on 15th January 2026, has inter-alia approved the Joint Venture Agreement for incorporation of a 50:50 Joint Venture Company (JVC) with GAIL (India) Ltd for undertaking Renewable Energy Projects, subject to approval of Ministry of Power, DIPAM and/or other statutory authorities as applicable," a regulatory filing said.

News Source:- https://economictimes.indiatimes.com/industry/renewables/ntpc-green-energy-to-form-5050-jv-with-gail-for-setting-up-re-projects/articleshow/126550190.cms