Date: August 31, 2026
Joint Venture Formation
NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited, has incorporated a Joint Venture Company with Odisha Renewable Energy Development Agency (OREDA) under the name "NIRL OREDA RENEWABLES LIMITED".
The JV company will be engaged in setting up Green Energy Power Plant(s) with Equity Participation ratio of 51:49 (NIRL:OREDA).
The Ministry of Corporate Affairs issued the Certificate of Incorporation for the joint venture company on August 31, 2026.
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