NLC India Renewables Limited (NIRL), a wholly-owned subsidiary of NLC India Limited, has signed a Power Purchase Agreement (PPA) for 100 MW of a 200 MW Wind Power Project. NIRL was declared the successful bidder in a tender floated by SJVN Limited. The PPA was executed on November 4, 2026, with a scheduled commencement of supply by November 3, 2028.
Subsidiary Secures Power Purchase Agreement
NLC India Limited announced that its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), has executed a crucial Power Purchase Agreement (PPA). This agreement pertains to the 100 MW portion of a larger 200 MW Wind Power Project.
Project Details and Timeline
NIRL had previously participated in a tender initiated by SJVN Limited for the development of Wind Power Projects under ISTS-Tranche-IV. Following its success as a bidder, NIRL received a Letter of Award from SJVN on September 4, 2026. The PPA for the 100 MW capacity was formally executed between NIRL and SJVN Limited on November 4, 2026. The agreement stipulates a Scheduled Commencement of Supply Date by November 3, 2028.
Source: BSE
