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NTPC Green Energy, VOC Port Authority sign MoU for green hydrogen fuelling station in Tuticorin

As part of the agreement, NGEL will establish a green hydrogen fuelling station at VOC Port, along with deploying hydrogen-based internal combustion engine trucks for port operations. Shares of NTPC Green Energy Ltd ended at ₹104.10, up by ₹0.66, or 0.64%, on the BSE.

NTPC Green Energy | The demerged entity of state-run NTPC, which still trades around or below its IPO price, reported a 17% growth in its topline and EBITDA each, while margins remained stable at 88.6%. Profitability during the quarter increased but was aided by a higher other income component. The company's total operational capacity now stands at close to 7 GW.

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Published Sep 05, 2025 | 11:58 AM GMT-04

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State-owned NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, on Friday (September 5) said it has signed a Memorandum of Understanding (MoU) with V.O. Chidambaranar Port Authority (VOCPA) in Tuticorin, Tamil Nadu. This MoU intends to further the green energy technologies in VOC Port and especially the green hydrogen mobility scheme.

As part of the agreement, NGEL will establish a green hydrogen fuelling station at VOC Port, along with deploying hydrogen-based internal combustion engine trucks for port operations.

The initiative is expected to pave the way for phasing out fossil fuel trucks in favour of clean and green alternatives, contributing to decarbonisation and strengthening energy security.

Also Read: NTPC Green Energy Q1 Result | Profit rises 59% to ₹220 crore on strong operating performance

NTPC has already been operating a green hydrogen blending project in Surat, Gujarat, for over two years and has undertaken similar mobility initiatives in Leh (Ladakh), Greater Noida (Uttar Pradesh), Bhubaneswar (Odisha), and Kandla Port (Gujarat).

In addition, NGEL is developing a green hydrogen hub in Visakhapatnam, Andhra Pradesh, and has set a target to achieve 60 GW of renewable energy capacity by 2032, supported by energy storage solutions.

Shares of NTPC Green Energy Ltd ended at ₹104.10, up by ₹0.66, or 0.64%, on the BSE.

Also Read: NTPC Green commissions 49 MV in phase 3 of Gujarat's Khavda solar project

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