Market Chatter: NTPC Explores Green Ammonia, Low-Carbon Fuel Sales to Overseas Customers

MT Newswires Live10-13 16:41

NTPC (NSE:NTPC, BOM:532555) is looking to sell green ammonia and low-carbon fuels to overseas buyers, Reuters reported Tuesday citing Chairman Gurdeep Singh.

The state-owned power producer is reportedly holding discussions with potential Japanese, South Korean, and German buyers, Singh said at an Indian ​Chamber of Commerce event.

The chemicals are to be produced under a proposed green hydrogen hub project in the southern state of Andhra Pradesh, Reuters said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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