NTPC Renewable Energy has signed an agreement with Greenko ZeroC for 1300 MW round-the-clock (RTC) supply of  Renewable energy (RE) power to Greenko’s upcoming green ammonia plant at Kakinada in Andhra Pradesh.

The companies signed the term sheet to this effect on 28th March, 2023.

The agreement is one of the world’s single largest contract for round-the-clock RE supply for an industrial client.

NTPC Renewable Energy is a step-down subsidiary of NTPC through its wholly-owned subsidiary NTPC Green Energy. Greenko ZeroC is a Greenko Group company.