NGEL & Nayara Energy Signed MoU For Green Hydrogen Production

Current Context: NGEL & Nayara Energy Signed MoU For Green Hydrogen Production.The two companies signed a memorandum of understanding (MoU) on September 11, 2023, to explore opportunities in the green hydrogen and green energy space.

• NGEL is a subsidiary of NTPC, India’s largest power producer, and Nayara Energy is an integrated downstream company with a presence across the hydrocarbon value chain.
• The MoU envisages collaboration to produce green hydrogen for Nayara Energy’s captive usage, accelerate decarbonisation and catalyse reduction in carbon footprint.
• The collaboration is in line with NTPC’s initiatives to develop hydrogen projects in India and aligns with the vision of Aatmanirbhar Bharat, NGEL said.
• Green hydrogen is a form of hydrogen that is produced using renewable energy sources, such as solar or wind power, and does not emit any greenhouse gases.

Question:

Q.1 What is the name of the subsidiary of NTPC that signed the MoU with Nayara Energy?
a. NREL
b. NGEL
c. NGPL
d. NCEL