NTPC Green Energy said its board approved a 50:50 joint venture agreement with GAIL (India) Ltd to undertake renewable energy projects, subject to approvals from the Ministry of Power, DIPAM, and other statutory authorities as applicable.

NTPC Green Energy said its board approved a joint venture agreement to incorporate a 50:50 joint venture company with GAIL (India) Ltd for renewable energy projects. The approval was made in a board meeting held on January 15, 2026. The joint venture is subject to approval from the Ministry of Power, DIPAM, and other statutory authorities as applicable. NTPC Green Energy is a subsidiary of NTPC and aims to help achieve NTPC’s target of 60 GW by FY32.