NTPC-led arm invites tender to set up India's first Green Hydrogen Fuelling Station in Leh; Stock jumps 1.5%

NTPC REL and NVVN would jointly be executing the Green Mobility Project in the Union Territory of Ladakh.

Jul 30, 2021 11:07 IST India Infoline News Service

State-owned NTPC, wholly-owned subsidiary National Thermal Power Corporation Renewable Energy Ltd (NTPC REL) has invited a domestic tender to set up India’s first Green Hydrogen Fuelling Station in Leh, Ladakh. The sale of bid documents would commence from July 31, 2021.

Notably, the tender follows the recent tender floated by NTPC Vidyut Vyapar Nigam Limited (NVVN) for procurement of Fuel Cell Buses for Ladakh.

NTPC REL and NVVN would jointly be executing the Green Mobility Project in the Union Territory of Ladakh. A dedicated 1.25 MW Solar plant is also being set up in Leh by NTPC REL to make the Hydrogen Fuelling Station completely green. The solar plant contract is expected to be awarded within a month.

Earlier, the NTPC subsidiary had signed a landmark MoU with the Union Territory of Ladakh for the development of Green Hydrogen technologies in the high altitude region.

According to the Ministry of Power, the successful completion of the project would usher in a new era of emission-free transport in and around Leh and India would be amongst few countries to take a lead in this coveted space.

Further, the ministry said that the project will be a definitive step towards building a cleaner and greener ecosystem in the region. The successful execution of the project will also ease the surface transport issues of the union territory of Ladakh and will prove to be a major boost to tourism in the region.

At around 11.46 am, NTPC was trading at Rs118.55 per piece up by 1.5% on Sensex. The stock was near the day's high of Rs119.90 per piece.

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