{"id":180319,"date":"2024-11-22T10:33:03","date_gmt":"2024-11-22T10:33:03","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/11\/22\/ntpc-green-energy-signs-deal-worth-rs-2-lakh-crore-with-andhra-pradesh-govt-times-of-india\/"},"modified":"2024-11-22T10:33:04","modified_gmt":"2024-11-22T10:33:04","slug":"ntpc-green-energy-signs-deal-worth-rs-2-lakh-crore-with-andhra-pradesh-govt-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/11\/22\/ntpc-green-energy-signs-deal-worth-rs-2-lakh-crore-with-andhra-pradesh-govt-times-of-india\/","title":{"rendered":"NTPC Green Energy signs deal worth Rs 2 lakh crore with Andhra Pradesh govt &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"225\" src=\"https:\/\/i0.wp.com\/static.toiimg.com\/thumb\/msid-115563857,imgsize-1471493,width-400,resizemode-4\/115563857.jpg?fit=400,225&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"NTPC Green Energy signs deal worth Rs 2 lakh crore with Andhra Pradesh govt &#8211; Times of India\" title=\"NTPC Green Energy signs deal worth Rs 2 lakh crore with Andhra Pradesh govt &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div data-articlebody=\"1\">\n<div class=\"_s30J clearfix  \">\n<div class=\"MwN2O\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<p>NEW DELHI: <!-- -->NTPC Green Energy Ltd<!-- --> (NGEL), the renewal energy arm of NTPC, has inked an agreement with the Andhra Pradesh govt&#8217;s NREDCAP (New &amp; Renewable Energy Development Corporation of Andhra Pradesh) to set up <!-- -->renewable energy projects<!-- --> worth Rs 2 lakh crore, as announced by the Andhra Pradesh chief minister N Chandrababu Naidu<br \/>Naidu further added that the deal will focus developing 25 GW solar\/wind, 10 GW pumped storage projects (PSPs), and 0.5 MMTPA <!-- -->green hydrogen<!-- -->.<br \/>&#8220;The new ICE Policy 2024 continues to attract investments and pave the way for Andhra Pradesh to emerge as a clean energy hub. Today, NTPC Green Energy Ltd. signed a Joint Venture with NREDCAP to set up RE projects worth \u20b92,00,000 Cr in Andhra Pradesh. The focus will be on 25 GW Solar\/Wind, 10 GW Pumped Storage, and 0.5 MMTPA Green Hydrogen. This historic project will create over one lakh jobs and position our state as a renewable energy leader at the forefront of India&#8217;s <!-- -->green energy revolution<!-- -->,&#8221; Naidu posted on X.<\/p>\n<p>NTPC&#8217;s subsidiary has recently launched its Rs 10,000 crore Initial Public Offering (IPO) with a price band of Rs 102-108 per share. The issue has been fully subscribed on the third day of the share sale on Friday, receiving bids for 60,68,16,774 shares, against 59,31,67,575 shares on offer.<br \/>The portion for Retail Individual Investors (RIIs) got subscribed 2.70 times. The quota for Qualified Institutional Buyers (QIBs) fetched 75 per cent subscription, while the non-institutional investors part got subscribed 42 per cent.<\/div>\n<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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