NLCINDIA NSE filing

NLC India Renewables Ltd. wins 265 MW Battery Energy Storage Systems tender

The RealCase readMedium impact Positive

NLC India Renewables Limited (NIRL) has won a tender for 265 MW / 530 MWh Standalone Battery Energy Storage Systems (BESS) in Haryana. The project was secured at a capacity charge of ₹2,35,000 per MW per month. NIRL received the Letter of Award from SJVN Limited.

Why it matters

The new project adds to the company's renewable energy portfolio and capacity, contributing to its growth and revenue potential.

The market read

The company has secured a new project through a competitive bidding process, which is a positive development for its business.

NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has successfully emerged as the winning bidder in a tender floated by SJVN Limited for setting up 265 MW / 530 MWh Standalone Battery Energy Storage Systems (BESS) in Haryana. The project will be developed under Viability Gap Funding (VGF) Schemes through Tariff-Based Competitive Bidding.

NIRL secured the bid at a final capacity charge of ₹2,35,000 per MW per month. The company has received the Letter of Award for this project from SJVN Limited, marking a significant step in expanding its renewable energy infrastructure.

Filing to action

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NLC India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by NLC India Limited. Read the original for the full detail.

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