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NLC India’s arm signs JVA with OREDA for green energy projects in Odisha

25 Jun 2026 Evaluate

NLC India’s subsidiary -- NLC India Renewables (NIRL) has signed a Joint Venture Agreement (JVA) with OREDA for establishment, operation & maintenance of 1000 MW Green Energy in the first phase and development of any other objectives, assets, ancillary activities in the green energy area not limited to this by forward and backward integration in the state of Odisha.

The strategic collaboration between NIRL and OREDA marks a major step in strengthening India's clean energy ecosystem and reflects the shared commitment of both organisations towards sustainable development, technological advancement and nation-building through reliable and green energy solutions.

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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