NTPC, ONGC to form a joint venture company to promote renewable and new energy
The JVC has been formed through their Green Energy Subsidiaries – NTPC Green Energy Ltd (NGEL) and ONGC Green Energy Ltd.
Minister of State for Power and New & Renewable Energy, RK Singh on Friday initiated the ‘#iCommit’ campaign on the occasion of World Environment Day.
The initiative is a clarion call to all stakeholders and individuals to continue moving towards energy efficiency, renewable energy, and sustainability to create a robust and resilient energy system in the future.
The ‘#iCommit’ initiative, driven by Energy Efficiency Services Limited (EESL), under the administration of Ministry of Power, Government of India is uniting a diverse set of players such as Governments, Corporates, Multilateral and Bilateral Organisations, Think Tanks and Individuals.
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“We envisage a transformation of the entire energy value chain in the country and have been working towards ensuring 24X7 energy access and security for all our citizens. The #iCommit initiative, especially in the backdrop of World Environment Day can bring together a diverse spectrum of government and private players to build a new energy future for India,” the Minister said.
The ‘#iCommit’ initiative is centred around the idea of building an energy resilient future. The pre-requisite for that goal is to create a flexible and agile power system. A healthy power sector can help the nation in meeting the objective of energy access and security for all.
With the imminent changes in the power system, brought about by innovation such as decentralised solar and electric vehicles, a collaboration between all stakeholders will be the way forward and is at the core of ‘#iCommit’ campaign.
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