
Joint Venture24 Jun 2026, 08:30 pm
NLC India Renewables Signs JV with OREDA for 1000 MW Green Energy
AI Summary
NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a Joint Venture Agreement (JVA) with OREDA Ltd. for the development of 1000 MW Green Energy projects in Odisha. This collaboration aims to strengthen India's clean energy transition and support the nation's Net Zero Carbon vision. The JV will focus on the establishment, operation, and maintenance of these green energy projects, with potential for further integration and development in the green energy sector. The agreement was signed in the presence of key dignitaries, including the Hon'ble Deputy Chief Minister of Odisha.
Key Highlights
- NLC India subsidiary inks JV with OREDA for 1000 MW green energy.
- Focus on renewable energy development in Odisha.
- Aims to bolster India's clean energy transition and Net Zero goals.
- JV covers establishment, operation, and maintenance of projects.
Price Impact
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