NLC India Subsidiary Wins 300 MW Wind Project Bid

NLC India Renewables Limited (NIRL), a wholly-owned subsidiary of NLC India Limited, has been declared a successful bidder by Gujarat Urja Vikas Nigam Limited (GUVNL) for a 300 MW wind power project. NIRL initially bid for 100 MW and subsequently accepted additional capacities of 100 MW each through Greenshoe and additional Greenshoe options. The company has received a Letter of Intent (LoI) from GUVNL for the development of these projects, marking a significant expansion in NLC India's renewable energy portfolio.