India’s largest power generating company NTPC has entered into a pact with the National Investment and Infrastructure Fund (NIIF) for investments in renewable energy and power distribution in India. NTPC signed a memorandum of understanding with NIIF on Thursday to “explore investments in areas like renewable energy, power distribution, among other areas of mutual interest in India”.
The firm in a public statement said the collaboration will further help India’s vision of building sustainable and robust energy infrastructure. “This partnership aims to bring together NTPC’s technical expertise and NIIF’s ability to raise capital and bring in global best practices by leveraging