NTPC Green Energy Share Price in Focus; Signs MoU for Green Inputs Supply to Proposed Green Urea Plant

NTPC Green Energy Limited has entered into a memorandum of understanding with Assago Industries Private Limited to explore the supply of green ammonia, carbon dioxide, renewable energy and allied utilities for a proposed green urea plant.

The development, disclosed under SEBI listing norms, reflects growing collaboration in low-carbon industrial solutions.

Details of the Memorandum of Understanding

NTPC Green Energy Limited announced that it has signed an MoU with Assago Industries Private Limited for the supply of green ammonia, CO₂, renewable energy power and other related utilities. The arrangement is intended to support Assago’s proposed green urea manufacturing facility.

The company clarified that the disclosure has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the attached press release.

Focus on Low-Carbon Industrial Applications

The proposed collaboration aligns with broader efforts to integrate renewable energy and low-emission inputs into industrial processes. Green ammonia and renewable power are increasingly being explored as alternatives to conventional fossil fuel-based feedstock in fertiliser and chemical production.

Such partnerships are expected to play a role in reducing emissions intensity across energy-intensive sectors, while supporting the development of cleaner manufacturing ecosystems.

Share Price Performance

Shares of NTPC Green Energy Limited were trading higher during mid-day trade on 3 February. The stock was quoted at ₹86.46, up 1.50%, compared with a previous close of ₹85.18. It opened at ₹88.90, touched an intraday high of ₹88.90, and traded as low as ₹85.91 during the session.

Read More:Tata Power Arm Commissions 198 MW Wind Project in Tamil Nadu Under Group Captive Model.

Conclusion

The MoU between NTPC Green Energy and Assago Industries highlights the increasing focus on integrating renewable energy solutions into industrial projects. While the agreement sets the framework for potential collaboration, further clarity on execution timelines and commercial terms will determine its longer-term impact on both companies.

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