NTPC Ltd., India's largest power utility, announced the signing of a Memorandum of Understanding (MoU) with Energy Vault Holdings, Inc, a leader in sustainable, grid-scale energy storage solutions.
India topped the list in the world receiving USD 89 billion in remittance followed by Mexico at USD 54 billion, and China at USD 53 billion last year. The officially recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 percent this year to reach USD 630 billion.