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NLC India Renewable JV With OREDA Set for 1,000 MW Green Projects

NLC India logoNLC India
Sig2.77Sen+3.23Env+2.88Soc+0.82Gov+1.36

NLC India Renewables has formally incorporated its joint venture with Odisha Renewable Energy Development Agency, creating NIRL OREDA Renewables Limited with 51:49 equity. The first phase targets 1,000 MW of green projects in Odisha, including 250 MW wind and 225 MW floating solar, with additional execution updates for SECI and NCRTC projects. NLC India Renewables also received a SECI letter of award for a 200 MW wind project in Karnataka.

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