NTPC Green Energy Arm Signs 1,200 MW Solar Power Purchase Agreement With PTC India

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC Green Energy (NSE:NTPCGREEN, BOM:544289), has entered into a power purchase agreement with PTC India (NSE:PTC, BOM:532524) under a bilateral arrangement, according to a Friday filing with the Indian stock exchanges. The pact entails the sale of 1,200 MW of solar power to promote clean and sustainable energy in India, the company said.