Aim to jointly establish grid connected Renewable Energy projects with a capacity of up to 2 GW or more through greenfield development and/or acquisitions for the supply of green power to CtrlS
New Delhi/Hyderabad, November 3, 2025: CtrlS Datacenters Ltd, Asia’s largest Rated-4 datacenter operator, today announced that the company has signed a memorandum of understanding (MoU) with NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, for renewable energy ties. The MoU was signed between CtrlS Founder & CEO Sridhar Pinnapureddy and NGEL CEO Sarit Maheshwari.
CtrlS and NGEL acknowledge the strategic opportunity to enhance their business value through a collaborative partnership that leverages their complementary capabilities and shared commercial objectives. Both Parties intend to explore potential avenues of cooperation with the aim of effectively pooling their respective resources to achieve mutually beneficial outcomes.
As part of the MoU, CtrlS and NGEL aim to jointly establish grid connected Renewable Energy projects / assets with a capacity of up to 2 GW or more through greenfield development and/or acquisitions, for the supply of renewable power to CtrlS for its captive consumption on mutual agreement or any other business as may be mutually decided between the Parties. The MoU shall be in force for two years with a provision to extend further.
Commenting on the landmark MoU, Sridhar Pinnapureddy, Founder & CEO, CtrlS Datacenters, said, “This MoU marks a pivotal step in our journey toward building a sustainable digital future. Partnering with NGEL enables us to power our datacenters with renewable energy, enhance efficiency, and advance our commitment to net-zero operations. Together, we’re demonstrating that innovation and sustainability can – and must – go hand in hand in driving the next era of digital infrastructure.”
Highlighting the importance of the MoU, Sarit Maheshwari, CEO, NGEL said, “NGEL is committed towards reducing our carbon footprint and contributing to a cleaner, more sustainable future for India, and the world at large. Ensuring access to reliable, green power is both a sustainability and strategic priority. As datacenters expand rapidly in an AI-driven world, this MoU marks a key step in building resilient, low-carbon digital infrastructure.”
About CtrlS:
CtrlS Datacenters Ltd, which began its operations in 2007, operates 16 datacenters across nine key markets of India. The company is leading the charge on embracing renewable energy for a sustainable future. CtrlS has announced its plans to explore new overseas markets in the Middle East and Southeast Asia, with Thailand being the first international market foray. For more information, please visit www.ctrls.com.
For media queries, please contact:
Y V Phani Raj
VP-Corporate Communications
CtrlS Datacenters
phaniraj.yv@ctrls.in
About NGEL:
NTPC Green Energy Limited (NGEL) is a subsidiary of NTPC Limited and aims to be the flag-bearer of NTPC’s renewable energy journey with an operational capacity of over 8.9 GW and 13 GW under implementation. NGEL plans to have an installed capacity of 60 GW by 2032.
marketing@ctrls.in