BAJAJ BROKING
NLC India Ltd secured a 200 MW wind power project from SJVN at Rs 3.74/kWh. The project will generate 526 million units annually, aiding India's 500 GW renewable target by 2030. This expansion increases NLC India's wind energy capacity to over 300 MW.
NLC India Ltd (NLCIL), a state-owned enterprise, has strengthened its renewable energy footprint by securing a 200 MW wind power project from SJVN Ltd. The contract was awarded through an e-reverse auction at a tariff of Rs 3.74 per kilowatt-hour (kWh). This project will add to India’s non-fossil fuel capacity, aligning with the government’s target of achieving 500 GW of renewable energy by 2030. Generating 526 million units (MU) of green energy annually, the initiative will significantly contribute to reducing carbon emissions while reinforcing NLC India’s position in the renewable energy sector.
Also read: Glenmark Recalls 1.5 Million ADHD Medication Bottles in US: USFDA
Project Capacity: 200 MW wind power project awarded to NLC India by SJVN.
Auction Tariff: The project was secured at a competitive rate of Rs 3.74 per kWh.
Annual Energy Generation: Expected to produce 526 million units of renewable power.
Environmental Impact: Aims to reduce carbon emissions and boost India’s green energy transition.
Renewable Energy Expansion: Increases NLC India’s total wind energy capacity to over 300 MW.
Government Target Alignment: Supports India’s goal of achieving 500 GW of non-fossil fuel capacity by 2030.
Also read: MSTC Ltd. Receives ₹105.55 Crore Income Tax Demand for AY 2019-20
The 200 MW wind power project will significantly expand NLC India’s renewable energy footprint. The company, which began its renewable energy journey with a 51 MW wind project in 2013, has now exceeded 300 MW in total wind capacity, including ongoing developments. This initiative also aligns with NLCIL’s larger goal of reaching 10 GW of renewable energy capacity by 2030.
India is aggressively transitioning towards clean energy, with the government’s policies encouraging large-scale renewable energy investments. The newly awarded project reinforces this commitment by ensuring increased non-fossil fuel-based power generation. The initiative also complements the National Green Energy Policy, which aims to boost sustainable power infrastructure.
Project Component | Details |
Project Awarded To | NLC India Ltd |
Awarding Entity | SJVN Ltd |
Capacity | 200 MW |
Auction Tariff | Rs 3.74 per kWh |
Annual Energy Output | 526 million units (MU) |
Target Contribution | Supports India’s 500 GW renewable target by 2030 |
With this new wind power project, NLC India continues to reinforce its presence in the renewable energy sector. The initiative strengthens India’s green energy transition and aligns with global climate goals. As the company progresses towards its 10 GW renewable energy target, its commitment to sustainable power generation remains evident. Investors will closely monitor the impact of such projects on NLC India share price, considering its growing role in India's renewable energy landscape.
Also read: Indian Overseas Bank Faces ₹699.5 Crore GST Demand, Plans Legal Challenge
Do you have a trading account app or demat account app?
You can open an account with Bajaj Broking in minutes.
Download the Bajaj Broking app now from Play Store or App Store.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://www.bajajbroking.in/disclaimer
Share this article:
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading