NTPC, UK’s Octopus Energy sign MoU for cooperation in renewable energy and storage

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NTPC Ltd, India’s largest integrated power utility, has signed a Memorandum of Understanding (MoU) with Octopus Energy Group, a UK-based clean energy and digital energy platform, to explore collaboration opportunities across India, the United Kingdom, and other mutually agreed geographies.

The MoU establishes a non-binding framework for cooperation aimed at identifying, assessing, and pursuing opportunities in electricity distribution and retail, renewable energy and storage, electric vehicle (EV) charging infrastructure, digital energy platforms, innovation, research & development and capacity building.

The collaboration will focus on enhancing efficiency, affordability, reliability, and clean energy adoption.

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