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calendar 1 November, 2023 11:36:18 IST

EIL and NTPC to collaborate for green businesses

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In line with its vision of venturing into emerging green business sectors, Engineers India Ltd. (EIL) has inked a Memorandum of Agreement (MoA) with NTPC Ltd. 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, in the presence of Mr. Jaikumar Srinivasan, Director (Finance), NTPC, 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 catalyse the efforts in the areas of clean fuels and green chemicals towards achieving India’s Intended Nationally Determined Contributions (INDCs) within the defined timeline,” EIL Chairman and Managing Director, Ms Vartika Shukla said in a press statement.

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