The record
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- NLC India Renewables Limited, a wholly owned subsidiary of NLC India Limited, has received a Letter of Intent from Gujarat Urja Vikas Nigam Limited for a 900 MW solar power project in Gujarat.
- The project was awarded through a tariff-based competitive bidding process, and GUVNL will procure the power generated.
- The win adds to NIRL's renewable energy portfolio as it works towards NLCIL's goal of becoming a 10+ GW renewable energy company by 2030.
What to watch next
- Signing of the final power purchase agreement with GUVNL
- Details on project timelines and tariff rates
- Progress toward NLCIL's 10+ GW renewable energy target by 2030
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Named India · Gujarat · Gujarat Urja Vikas Nigam Limited · NLC India Limited · NLC India Renewables Limited
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