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EIL and NTPC execute MoA to collaborate in emerging green business segment

In line with its vision of venturing into emerging Green Business sectors, Engineers India Limited (EIL) inked a Memorandum of Agreement (MoA) with NTPC Limited 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 Ut

By Whispers in the Corridors 1 min read
EIL and NTPC execute MoA to collaborate in emerging green business segment

In line with its vision of venturing into emerging Green Business sectors, Engineers India Limited (EIL) inked a Memorandum of Agreement (MoA) with NTPC Limited 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 Atul Gupta, Director (Commercial), EIL and Ujjwal Kanti Bhattacharya, Director (Projects), NTPC Ltd. in the presence of Jaikumar Srinivasan, Director (Finance), NTPC Ltd., 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 catalyze the efforts in the areas of Clean Fuels and Green chemicals towards achieving India’s Intended Nationally Determined Contributions (INDCs) within the defined timeline.”, CMD EIL, Ms Vartika Shukla expressed while congratulating both EIL and NTPC teams for steering the initiatives.

 

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