# NTPC EDF Renewable Pact

> NTPC and EDF launch 50-50 joint venture for India's renewable energy projects.
- Title: NTPC EDF Renewable Pact · The Economic Times | Shortify
- Summary: NTPC and EDF launch 50-50 joint venture for India's renewable energy projects. State-owned NTPC and EDF Power Solutions India formed a 50:50 joint venture to…
- Keywords: ntpc, edf, renewable energy projects, pumped storage projects, hydropower projects, joint venture, decarbonisation, Renewable, Pact, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/renewables/ntpc-edf-sign-pact-to-develop-renewable-energy-projects-in-india/articleshow/134501014.cms
- Author: PTI
- Published: 2026-09-26T09:04:00+00:00
- Read time: 1 min
- Topics: ntpc, edf, renewable energy projects, pumped storage projects, hydropower projects, joint venture, decarbonisation
## NTPC and EDF sign pact
State-owned NTPC and EDF Power Solutions India joined hands to jointly develop, own and operate pumped storage projects, hydropower projects, and renewable energy projects in India.
## 50:50 joint venture
The joint venture agreement was signed on September 25 in the presence of NTPC Chairman Gurdeep Singh and Bernard Fontana, Chairman and CEO of EDF SA, France.
## RE projects focus
NTPC and EDF Power Solutions will develop, build and operate low-carbon power plants and flexibility solutions aligned with India's 100 GW pumped storage capacity target by 2036.
## Decarbonisation goal
The partnership aims to drive decarbonisation and global performance of electrical systems through tailored offers for India's renewable energy market.
## Market impact
EDF and NTPC are expected to significantly contribute to India's renewable energy market by driving innovation and environmental stewardship.
## Key takeaway

State-owned NTPC and EDF Power Solutions India formed a 50:50 joint venture to develop pumped storage, hydropower, and renewable energy projects in India.