NTPC, EDF India collaborate for PSP to explore avenues in distribution

Q: How long will it take to read this news story?

The story "NTPC, EDF India collaborate for PSP to explore avenues in distribution" has 216 words across 8 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "NTPC, EDF India collaborate for PSP to explore avenues in distribution" was covered 7 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 199 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26351753</li><li>URL: https://beamstart.com/news/ntpc-edf-india-collaborate-for-17403248499240</li></ul>

Business Standard Logo Business Standard 7h ago

NTPC, EDF India collaborate for PSP to explore avenues in distribution - Business Standard

Quick Summary:

State-owned power giant NPTC and EDF India, an arm of French firm Electricite de France, have joined hands to set up pumped hydro storage and hydro projects bundled with renewable energy projects, and explore opportunities in the distribution business.

NTPC and EDF India have signed a non-binding term sheet to develop, own, operate and maintain pumped storage projects and any other hydro-power projects, a statement said.

This JV company will undertake such projects on its own or may create JV and subsidiaries for undertaking such projects within India and neighbouring countries, the statement said.