NIRL receives Letter of Intent from GUVNL for 900 MW solar power project
The project has been awarded through a tariff-based competitive bidding process, with the power generated to be procured by GUVNL
NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has received a Letter of Intent from Gujarat Urja Vikas Nigam Limited for constructing a 900 MW solar power project in Gujarat. The project, awarded through a tariff-based competitive bidding process, will have its generated power procured by GUVNL. This new addition strengthens NIRL's renewable energy portfolio and aligns with its goal of becoming a 10+ GW renewable energy company by 2030.
Established in 2023, NIRL's primary focus is to acquire and manage green energy projects and assets owned by NLCIL.
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