NTPC Green Energy Limited (NGEL), the renewable subsidiary of the Indian energy group NTPC Limited, has signed a Memorandum of Understanding (MoU) with CtrlS Datacenters, an Indian developer in South Asia’s data center sector, to jointly develop grid-connected renewable energy projects and assets with a total capacity of up to 2 GW, through both greenfield projects and acquisitions.
These projects and assets will be developed to supply renewable power to CtrlS for its consumption under mutually agreed terms, or for other business purposes as decided jointly by the parties.
- CtrlS Datacenters currently operates 16 data centers in India.
- NGEL has an operational capacity exceeding 8.9 GW and 13 GW under development, with plans to reach 60 GW of installed capacity by 2032.
The MoU will remain in effect for two years, with a provision for extension, according to the official statement.
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