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NTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, aimed at initiating significant investments in renewable energy projects within the state. The MoU, exchanged during the “Bihar Business Connect 2024” Global Investors’ Summit, includes plans for ground-mounted and floating solar installations, battery energy storage systems, and green hydrogen mobility initiatives. The government will assist by providing the necessary permissions and clearances to facilitate project implementation. This collaboration signals a strategic move towards bolstering NGEL’s presence in the growing renewable energy sector, creating potential growth opportunities for the company in Bihar’s burgeoning market. Watch closely for further developments in this initiative.