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NLCINDIA
has secured a 450 MW hybrid renewable project from NTPC
, marking a meaningful expansion in its clean energy portfolio. The project, split across Bikaner (300 MW) and Bhuj (150 MW), will deliver hybrid power under a 25-year PPA and is expected to be operational within 24 months.
This deal reflects NLC’s strategic shift towards green energy, complementing its core operations as a Navratna PSU under the Ministry of Coal. With no related-party involvement, the transaction is structurally clean and commercially sound, reinforcing NLC’s credibility as it scales up its renewable footprint in India’s evolving energy landscape.
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