NTPC Green Energy Signs MoU with Paradip Port for Green Hydrogen Projects

NTPC Green Energy Limited, a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Paradip Port Authority to jointly explore and develop green hydrogen projects in Odisha. 

The collaboration was formalised on 27 October 2025 during the India Maritime Week 2025 in Mumbai, marking a strategic step in advancing India’s clean energy and maritime decarbonisation efforts.

Focus on Green Hydrogen and Sustainable Mobility

The MoU outlines a framework for cooperation in implementing green hydrogen-based mobility solutions and related infrastructure within the Paradip Port area. Both entities will also examine the potential deployment of projects focused on green hydrogen derivatives such as ammonia and methanol. 

The initiative aims to decarbonise port operations, reduce emissions, and position Paradip as one of India’s first ports integrating renewable hydrogen technology into daily logistics and industrial activities.

Strategic Collaboration and Industry Significance

The agreement was exchanged in the presence of Odisha Chief Minister Shri Mohan Charan Majhi, underscoring the state’s growing role in India’s energy transition roadmap. NTPC Green Energy’s partnership with Paradip Port is expected to accelerate the adoption of green fuels in coastal and industrial ecosystems, aligning with India’s national vision for achieving net-zero emissions by 2070. 

The collaboration reinforces NTPC’s broader renewable portfolio, which includes solar, wind, and green hydrogen initiatives across multiple states.

Read More: Best Solar Stocks in November 2025: Waaree Renewable, Solex Energy, and Others Based on 5-Year CAGR!

NTPC Green Energy Share Price Performance

As of October 28, 2025, at 9:37 AM, NTPC Green Energy share price is trading at ₹101.50 per share, reflecting a gain of 0.49% from the previous closing price. Over the past month, the stock has gained by 4.51%.

Conclusion

The partnership between NTPC Green Energy and Paradip Port marks a significant milestone in India’s clean energy journey, combining public-sector expertise and maritime infrastructure to drive sustainable transformation in port operations.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.