NLC India Subsidiary Gets LoI for 900 MW Solar Project

NLC India Renewables Limited (NIRL), a wholly-owned subsidiary of NLC India Limited, has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL). The LoI is for setting up a 900 MW Solar Power Project, awarded through a tariff-based competitive bidding process. GUVNL will procure the power generated from this project. This development signifies a significant step in expanding renewable energy capacity for NLC India.