NLC India Renewables: 275 MW Battery Storage Project

NLC India Renewables is in focus after receiving a Letter of Intent from Gujarat Urja Vikas Nigam Limited (

) for a 275 MW / 550 MWh battery energy storage project in Gujarat. Key Points • Capacity: 275 MW / 550 MWh • Location: Gujarat • LOI received from GUVNL • Project focuses on battery energy storage • Adds to NLC India's renewable-energy and storage portfolio Technical View The development gives the NLC India group another catalyst in the rapidly expanding energy-storage segment. Alpha Insight Battery energy storage is becoming increasingly important as India's renewable-energy capacity expands. Projects combining renewable generation with storage could become a significant part of the country's future power infrastructure. For educational and informational purposes only. Not investment advice. UMANG RAJESH BHUTADA SEBI Registered Research Analyst Registration No. INH000023001 SEBI registration does not guarantee returns or profits.