NLC India Subsidiary Wins 275 MW Battery Storage Project in Gujarat
NLC India's subsidiary, NIRL, won a bid for a 275 MW / 550 MWh Battery Energy Storage System project in Gujarat, awarded by GUVNL. NIRL has received a Letter of Intent for this development.
The project involves a significant capacity in battery storage, which is a growing sector. While it's a subsidiary's project, it contributes to the overall business development of the parent company.
The company has secured a new project through a competitive bidding process, indicating business expansion and growth opportunities.
NLC India Limited announced that its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), has emerged as a successful bidder in a tender floated by Gujarat Urja Vikas Nigam Ltd. (GUVNL). The tender was for setting up Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Competitive Bidding.
NIRL secured the development of a project with a capacity of 275 MW / 550 MWh. Consequently, NIRL has received a Letter of Intent from GUVNL for this project. The company informed the stock exchanges about this development on September 4, 2026.
A plain-language summary of a public exchange filing by NLC India Limited. Read the original for the full detail.
