NLC India Limited (NLCINDIA) — Announcement | 24 June 2026

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📢 Key Event
NLC India partners with OREDA for 1000 MW green energy JV in Odisha

💡 Investor Takeaway
This JV signals NLCIL's strategic shift toward renewable energy, potentially creating long-term growth opportunities in India's clean power sector.

NLC India announced a joint venture with Odisha Renewable Energy Development Agency (OREDA) to develop 1000 MW of green energy projects in Odisha, marking its strategic entry into renewable power generation under its subsidiary NIRL. The partnership supports national clean energy goals and expands NLCIL's clean energy portfolio beyond coal. The JV was formalized on 23 June 2026 with government officials present.

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About NLC India Limited (NLCINDIA)

Power · Power · Listed on NSE

Market Cap: ₹48,920.54 Cr P/E: 20.7

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