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NTPC’s arm, MAHAGENCO incorporate Joint Venture Company
Nov-27-2024

NTPC’s wholly owned subsidiary -- NTPC Green Energy (NGEL) and Maharashtra State Power Generation Company (MAHAGENCO), a Government of Maharashtra (GOM) owned company, have incorporated 50:50 Joint Venture Company in name of Mahagenco NTPC Green Energy (MNGEPL), on November 25, 2024.

MNGEPL will be engaged in the business of developing, operating and maintaining Renewable Energy Park(s) in Maharashtra under UMREPP and allot Park(s) for development of Renewable Energy Project(s).

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.


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