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NLC India Forms New Subsidiary to Undertake Renewable Projects

The new firm has been registered in Chennai and it will commission its business operations in the course of time.

June 16, 2023. By Nivedita Ojha

State-run NLC India Ltd is established as a subsidiary company to undertake its existing renewable energy projects.

NLC India Renewables Ltd (NIRL) was registered as a fully-owned subsidiary on June 14, 2023.

NIRL will acquire the existing renewable energy projects and assets owned by its parent company.

Despite boosting the renewable energy business in India and abroad, the company will also develop power generation systems with non-conventional and renewable energy sources including wind, hydro, solar, tidal, geothermal, biomass, steam, wave, waste, hybrid or any other means.

The new company has been registered in Chennai and it will commission its business operations in the course of time.

NLC India Ltd is under the Ministry of Coal, is into the mining and quarrying of lignite and coal, and power generation business.
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