StockWatch
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Power Generation
Deals5 Nov 2026, 08:52 pm

NLC India Subsidiary Wins 200 MW Wind Project Bid

AI Summary

NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited, has been declared the successful bidder by SJVN Limited for the development of a 200 MW Wind Power Project under ISTS-Tranche-IV. A Letter of Award was issued by SJVN on September 4, 2026. Subsequently, the Power Purchase Agreement (PPA) for 100 MW of this project was executed between NIRL and SJVN Limited on November 4, 2026. The PPA stipulates a Scheduled Commencement of Supply Date by November 3, 2028.

Key Highlights

  • Subsidiary NIRL wins 200 MW wind project bid from SJVN.
  • Letter of Award received for the project.
  • PPA executed for 100 MW capacity.
  • Scheduled supply commencement by November 2028.