Chennai, 17, October 2023: NLC India Limited, a Navratna Central Public Sector Undertaking headquartered at Neyveli, Tamilnadu, incorporated a new wholly-owned Subsidiary “NLC India Green Energy Limited” (NIGEL).
Currently, projects to the tune of 2 GW of Renewable Energy are under implementation and will be taken up by NIGEL,including600 MW solar power project in Gujarat and 810 MW Solar Photovoltaic Power Project in Rajasthan. Already, NLCIL has incorporated a wholly-owned subsidiary NLC India Renewables Limited for Asset monetisation.
On the occasion, Shri. Prasanna Kumar Motupalli, Chairman and Managing Director, NLCIL said,“The newly-incorporated company will take care of planning, participating in upcoming RE tenders, tendering, execution and commissioning of Renewable projects.”
“The subsidiary is expected to achieve 5 GW capacity by 2030 and contribute for carbon emission reduction,” he also added. The Company’s registered office is situated at Chennai and it will commence its business operations in due course.
Related posts :
Yoga for One Earth, One Health : NTPC Bongaigaon organises workshop under its Ahwahan Policy
NHPC signs MoU with NSDF and Sports Authority of India to empower young talented Weightlifters
NLC INDIA LIMITED’S CORPORATE ENVIRONMENT CELL HONOURED WITH GREENTECH ENVIRONMENT AWARD 2025
ONGC gas leakage: Hardeep Puri reviews ‘well control’ activities
MRPL wins prestigious “24th Global Greentech Environment & Sustainability Award 2025”
NTPC Bongaigaon Promotes Local Football Talent through Kit Distribution Initiative
