NLC India Limited — Important, 23-10-2024: Agreements

NLC India Limited has entered into joint venture agreements with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to establish a 3x125 MW lignite-based thermal power station and develop associated mines in Rajasthan. Additionally, NLC India Renewables Limited, a subsidiary of NLCIL, will collaborate with RVUNL on renewable power projects totaling 2000 MW in the state. Details of the agreements confirm no existing shareholding ties between the parties involved.