October 30, 2026: NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited, has secured a 300 MW wind power project from Gujarat Urja Vikas Nigam Limited (GUVNL), marking a significant development in the company's renewable energy portfolio.
According to a regulatory filing by NLC India Limited, NIRL participated in GUVNL's competitive bidding process for the procurement of power from 250 MW grid-connected wind power projects under Phase XI, which included a greenshoe option for an additional capacity of up to 250 MW.
NIRL was declared a successful bidder for an initial capacity of 100 MW. The company subsequently accepted an additional 100 MW under the greenshoe option and a further 100 MW under the additional greenshoe capacity, taking the total awarded capacity to 300 MW.
(Source: PSU watch)
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