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NLC India signs MoU with Grid Corporation of Odisha

02 Dec 2022 Evaluate

NLC India (NLCIL) has signed memorandum of understanding (MoU) with Grid Corporation of Odisha (GRIDCO) for the purpose of setting up Ground Mounted/Floating Solar Power Projects, Pumped Hydro Storage Projects, Green Hydrogen Projects and any other renewable projects at ‘Make in Odisha Conclave,’ being held at Bhubaneswar on December 1, 2022. This MoU shall enable both the parties towards the National targets for Renewable Energy capacity and Energy Transition goal.

NLC India is engaged in the business of lignite mining and power generation.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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