NGEL and CSPGCL form JV for 2 GW renewable projects in Chhattisgarh 

NTPC Green Energy (NGEL) has incorporated a joint venture (JV) company with Chhattisgarh State Power Generation Company (CSPGCL) for the development of 2 GW of renewable energy projects in Chhattisgarh. In the JV, NGEL will own a 76 per cent stake, while CSPGCL will hold the remaining stake.

Furthermore, the JV seeks to develop, operate, and maintain renewable energy projects/parks in Chattisgarh, covering solar, wind, and hybrid projects of up to 2 GW. It will also identify suitable reservoirs for potential floating solar installations.

Earlier in October 2025, NGEL inked a MoU with Paradip Port Authority to develop and implement green hydrogen-based mobility projects in the Paradip Port area.

Furthermore, in the same month, NGEL commissioned 9.9 MW part capacity of its 92.4 MW wind project located in Bhuj, Gujarat.