BSECompany Update▲ PositiveJoint Venture23 Jun 2026
NLC India Ltd
Please refer the attachment.
NLC India Limited has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to form a Joint Venture. This JV aims to establish large-scale Renewable Energy (RE) projects, including solar, wind, and hybrid power with energy storage, in Tamil Nadu. The initiative supports India's clean energy transition and Net Zero Carbon goals, diversifying NLCIL's portfolio into sustainable energy sectors by supplying power to various consumers and applications.
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