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NLC India Limited ( (IN:NLCINDIA) ) has issued an announcement.
NLC India Renewables Limited has signed a long-term Power Purchase Agreement with SJVN Limited for a 200 MW Wind Power Project, part of SJVN’s 600 MW ISTS-connected Wind Power Projects. This agreement signifies a strong collaboration between two major Central Public Sector Enterprises, aiming to boost India’s renewable energy capacity and ensure energy security, with the project expected to generate approximately 500 million units of green energy annually.
More about NLC India Limited
NLC India Limited is a Navratna Government of India Enterprise primarily involved in the energy sector, focusing on power generation through various sources, including renewables. NLC India Renewables Limited, a subsidiary, emphasizes renewable energy projects.
Average Trading Volume: 143,755
Technical Sentiment Signal: Buy
Current Market Cap: 337.9B INR
See more insights into NLCINDIA stock on TipRanks’ Stock Analysis page.