HPCL signs MoU with NTPC Green Energy
4th Jan 2023

Hindustan Petroleum Corporation (HPCL) has signed a non-binding Memorandum of Understanding (MoU) with NTPC Green Energy (NGEL) on January 3, 2023 in New Delhi for Development of Renewable Energy based Power Projects to tap Business opportunities in RE and supply of 400 MW round the clock renewable power for requirements of HPCL.

This MoU marks the first step for NGEL and HPCL to collaborate and cooperate in the field of development of Renewable Energy projects which shall help HPCL in meeting its Clean Energy Commitments.

Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.