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NLC India and PTC India Join Forces to Boost Green Energy Capacity
CUDDALORE, December 14, 2025 – NLC India Renewables Limited (NIRL), a subsidiary of NLC India Ltd. (NLCIL), and PTC India Limited have signed a Joint Venture agreement at Neyveli to establish a significant green energy venture. The agreement, announced today, marks a major step towards expanding India’s renewable energy capabilities.
The partnership will focus on the establishment, operation, and maintenance of a wide range of renewable energy projects, including solar, wind, hydro, battery energy storage systems, and emerging green technologies such as green ammonia production. The ambitious collaboration aims to develop up to 2000 MW of green energy capacity, with an initial phase targeting 500 MW.
The joint venture will leverage the strengths of both organizations, combining NLCIL’s expertise in project development and renewable energy park creation with PTC India’s capabilities in power trading and integrated green energy solutions. The JVC will undertake power sales through competitive and regulated routes under the Electricity Act, targeting a diverse consumer base encompassing Discoms, government entities, and commercial and industrial sectors.
This collaboration underscores India’s commitment to a sustainable future and the growing importance of renewable energy in the nation’s energy mix.
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