TestCloud
Prep • Practice • Perform
Log In

NTPC Limited Signs MoU with Saudi Electricity Company to Strengthen Electricity Sector Cooperation.

MOUs and Agreement | Dated: 24 Sep 2025

In September 2025, NTPC Limited, formerly National Thermal Power Corporation and an Indian Public Sector Undertaking (PSU), signed a Memorandum of Understanding (MoU) with Saudi Electricity Company (SEC) to enhance technical collaboration and knowledge exchange in the electricity sector.

🎯 Key Highlights:

  • - The agreement was signed by Dr. Jatinder Singh Chandok, General Manager and Head of International Business Development, NTPC, and Eng. Abdulrahman AlRehaimi, Executive Vice President of Generation, SEC.
  • - The MoU focuses on cooperation in power plant operation and maintenance, modernization, development, procurement, engineering services, and project management, aiming to improve efficiency and technological standards in electricity generation.
  • - A key feature of the agreement is the creation of a Joint Venture (JV) company between NTPC and SEC to provide power plant services in the Middle East, facilitating collaboration on operations, investments, and technical expertise.

💡 Other Important Facts:

  • (i) The MoU promotes structured knowledge exchange programs and joint investment initiatives in new electricity projects, enhancing research, innovation, and project execution capabilities between the two companies.
  • (ii) The collaboration aligns with India’s Atmanirbhar Bharat (self-reliant India) initiative and Saudi Arabia’s Vision 2030, supporting economic diversification, strengthening non-oil sectors, and advancing power and renewable energy development.

📚 Test Your Knowledge:

Which Indian Public Sector Undertaking (PSU) recently signed a MoU with Saudi Electricity Company to enhance electricity sector cooperation?

Correct Answer: NTPC Limited

🚀 Quick Recap: