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NLC India Wins Wind Power Project of 200 MW From SJVN

Written by: Team Angel OneUpdated on: Mar 3, 2025, 2:52 PM IST
NLC India Limited received a Letter of Award (LoA) for a 200 MW wind power project from SJVN Limited at ₹3.74 per kWh.
NLC India Wins Wind Power Project of 200 MW From SJVN
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NLC India Limited (NLCIL), a leading government-owned company under the Ministry of Coal, has secured a 200 MW wind power project from SJVN Limited at a tariff of ₹3.74 per kWh. It is expected to generate approximately 526 million units of renewable energy annually, significantly reducing greenhouse gas emissions.

Expanding Presence in Renewable Energy

This project strengthens NLCIL’s position in India’s green energy sector and supports its goal of reaching 10 GW of renewable energy capacity by 2030. Since launching its first 51 MW wind project in 2013, the company has steadily grown its wind energy portfolio, which will now exceed 300 MW. The initiative aligns with India’s commitment to increasing clean energy production and achieving 500 GW of non-fossil fuel capacity by 2030.

Leadership’s Perspective on Green Growth

NLCIL’s Chairman & Managing Director, Shri Prasanna Kumar Motupalli, expressed pride by stating, “This is a proud moment for NLCIL as we continue to expand our renewable energy footprint in the country. Winning this 200 MW wind project further strengthens our commitment to sustainable and clean energy solutions. Our strategy aligns with India’s energy transition goals, and we are determined to contribute significantly to a greener future. NLCIL is making remarkable progress in expanding its renewable energy portfolio, ensuring a more sustainable future for generations to come. Our investments in renewable energy will play a crucial role in strengthening India’s green economy 

and meeting global climate commitments.” 

Commitment to Sustainability and Innovation

As part of its renewable energy strategy, NLCIL is actively investing in solar, wind, and hybrid power projects, battery energy storage systems and green hydrogen initiatives. With a strong foundation in power generation, the company continues to drive India’s transition to a cleaner energy future.

Share performance 

As of March 03, 2025, at 1:45 PM, the shares of NLCIL are trading at ₹204.02 per share, reflecting a loss of 1.46% from the previous closing price. Over the past month, the stock has registered a loss of 3.46%. The stock’s 52-week high stands at ₹311.80 per share, while its low is ₹186.03 per share.

Conclusion 

With this project, NLCIL strengthens its commitment to clean energy and sustainability. By expanding its renewable portfolio, the company continues to play a key role in India’s energy transition.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 3, 2025, 2:52 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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