NTPC Green Energy Limited (NGEL) has agreed to explore potential in the green hydrogen area with Nayara Energy.

The MoU was signed on Monday in the presence of other senior executives from both companies by NGEL CEO Mohit Bhargava and Nayara Energy Head-Technical Amar Kumar, according to NTPC.

"NGEL and Nayara Energy have entered into an MoU to explore opportunities in the green hydrogen and green energy space," it said.

NTPC Green Energy Limited is a subsidiary of energy major NTPC.

This collaboration is in line with NTPC's initiatives to develop hydrogen projects in India and aligns with the government's vision of Atmanirbhar Bharat.