New Delhi, Feb 28 (PTI) State refiner Hindustan Petroleum Corporation Ltd (HPCL) and Solar Energy Corporation of India Ltd has inked a pact for cooperation and collaboration in the field of renewable energy, electric mobility, and alternative fuels including the development of ESG Projects.

"In order to realize green energy objectives and the GOI's efforts towards carbon-neutral economy, a Memorandum of Understanding (MoU) has been signed between Hindustan Petroleum Corporation Ltd (HPCL) and Solar Energy Corporation of India Ltd (SECI) on 24th February 2022 in New Delhi," a Ministry of New and Renewable Energy statement said.

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The MOU envisages cooperation and collaboration in the field of Renewable Energy, Electric Mobility, and alternative fuels including the development of ESG Projects.

SECI is engaged in the promotion and development of various renewable energy resources, especially Solar/Wind energy, RE-based Storage Systems, Waste to Energy, trading of power, R&D Projects as well as RE base products like Green Hydrogen, green Ammonia, RE powered EV, etc.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)