{"id":9887,"date":"2022-07-20T04:30:01","date_gmt":"2022-07-20T04:30:01","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=9887"},"modified":"2023-06-17T04:33:58","modified_gmt":"2023-06-17T04:33:58","slug":"ntpc-and-indian-oil-to-set-up-jv-firm","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/ntpc-and-indian-oil-to-set-up-jv-firm\/","title":{"rendered":"NTPC and Indian Oil to set up JV Firm"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/9887?pdf=9887\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img class=\" wp-image-9888 aligncenter\" src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/07\/NTPC-and-Indian-Oil-to-set-up-JV-Firm.jpg\" alt=\"\" width=\"410\" height=\"273\" \/><\/p>\n<p>In order to meet the electrical requirements of the oil firm&#8217;s anticipated projects, Indian Oil and NTPC have inked an agreement to establish a joint venture business. The two companies have joined forces to construct renewable energy-based power plants for Indian Oil refineries with the goal of boosting the country&#8217;s use and capability of these resources.<\/p>\n<p>Gurdeep Singh, CMD, NTPC says, \u201cThe joint venture between the two energy majors for a common purpose is a classic example of teamwork and collaboration for others to follow\u201d. On the other hand Shrikant Madhav Vaidya, Chairman, Indian Oil comments, \u201cIt is indeed a powerful statement as two fossil fuel giants of the country \u2013 Indian Oil and NTPC are collaborating for changing their path towards green energy\u201d.<\/p>\n<p>He adds that the two Maharatna PSUs can now leverage their capabilities to push forward the green growth agenda of India.<\/p>\n<p>Moving ahead, the joint venture business for the provision of RE-RTC power to Indian Oil will be formed by NTPC Green Energy Limited (NGEL), a fully owned subsidiary of NTPC.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report In order to meet the electrical requirements of the oil firm&#8217;s anticipated projects, Indian Oil and NTPC have inked an agreement to establish a joint venture business. The two companies&#8230; <\/p>\n","protected":false},"author":3,"featured_media":9888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[603],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/07\/NTPC-and-Indian-Oil-to-set-up-JV-Firm.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/9887"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=9887"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/9887\/revisions"}],"predecessor-version":[{"id":9889,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/9887\/revisions\/9889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/9888"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=9887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=9887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=9887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}