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NTPC REL Secures Major Green Ammonia Contract

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NTPC REL Secures Major Green Ammonia Contract

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NTPC Green Energy Limited ( (IN:NTPCGREEN) ) has provided an announcement.

NTPC Renewable Energy Limited, a subsidiary of NTPC Green Energy Limited, has won a bid in an e-reverse auction conducted by the Solar Energy Corporation of India for the supply of 70,000 metric tonnes per annum of Green Ammonia. This achievement positions NTPC REL as a key player in the green ammonia market, securing a significant contract at a competitive rate, which could enhance its market presence and operational capabilities.

More about NTPC Green Energy Limited

NTPC Green Energy Limited (NGEL) operates in the renewable energy sector, focusing on sustainable energy solutions. Its subsidiary, NTPC Renewable Energy Limited (NTPC REL), is involved in the production and distribution of green energy products.

Average Trading Volume: 855,314

Technical Sentiment Signal: Strong Sell

Current Market Cap: 881B INR

For a thorough assessment of NTPCGREEN stock, go to TipRanks’ Stock Analysis page.

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