NTPC : SIGNS COOPERATION AGREEMENT WITH AFRICA50 FOR AFRICA POWER PROJECTS

• Cooperation agreement to identify, assess and develop power-generation projects and cross-border electricity trading opportunities across Africa • NTPC to contribute technical, engineering, project development, construction management and operations expertise for feasibility assessment • Africa50 to bring its continental-scale pipeline and access to governments and regulators via its 34 African country shareholders to structure projects for investment • Projects to be developed in mutually agreed countries in Africa; no deal value or capacity disclosed

NTPC Ltd

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