NLC India has transferred its 7 Renewable Energy Assets to its wholly owned subsidiary, NLC India Renewables Limited (NIRL). The transfer, effective January 1, 2026, is part of a business transfer agreement executed between NLC India and NIRL on October 31, 2025. This move consolidates NLC India’s renewable energy portfolio under a single entity.
Renewable Energy Asset Transfer
NLC India has completed the transfer of its renewable energy assets to its subsidiary, NLC India Renewables Limited (NIRL). This transfer includes 7 Renewable Energy Assets, streamlining the company’s renewable energy holdings.
Effective Date and Agreement
The transfer was effective as of January 1, 2026. The Business Transfer Agreement between NLC India and NIRL was executed on October 31, 2025. This move is expected to optimize the management and operation of the company’s renewable energy projects.
Source: BSE
