Deals3 Feb 2026, 07:22 pm
NLC India's Subsidiary Secures 600MW Solar Energy Contract with SECI
AI Summary
NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited, has been awarded a Letter of Award from Solar Energy Corporation of India Limited (SECI) for setting up of 600MW coupled with 300 MW / 1800 MWh out of 1200 MW coupled with 600 MW / 3600 MWh Energy Storage Systems (ESS) in India. NIRL has accepted the LOA on 03.02.2026. The power generated from this project will be supplied for a period of 25 years under PPA. The Scheduled Commencement of Supply Date (SCSD) for supplying power from the full Project capacity shall be the date as on 24 months from the Effective Date of the PPA.
Key Highlights
- NLC India's subsidiary, NLC India Renewables Limited, secures a 600MW solar energy contract with Solar Energy Corporation of India Limited (SECI).
- The project includes setting up of 600MW coupled with 300 MW / 1800 MWh out of 1200 MW coupled with 600 MW / 3600 MWh Energy Storage Systems (ESS) in India.
- The power generated from this project will be supplied for a period of 25 years under PPA.
- The Scheduled Commencement of Supply Date (SCSD) for supplying power from the full Project capacity is set to be 24 months from the Effective Date of the PPA.
- NLC India's subsidiary has accepted the Letter of Award from SECI on 03.02.2026.