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NLC India transfers 7 RE Assets to NLC India Renewables

02 Jan 2026 Evaluate

NLC India has transferred its 7 Renewable Energy Assets (RE Assets) to NLC India Renewables (NIRL), a wholly owned subsidiary of the company. The aforesaid transfer has been effected on January 01, 2026, in terms of the Business Transfer Agreement executed between the company and NIRL on October 31, 2025.

NLC India is a Navratna Government of India Enterprise, under the administrative control of Ministry of Coal. The company is engaged in the business of mining of Lignite, Coal and generation of power by using lignite as well as Renewable Energy Sources and consultancy.

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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