NLC India transfers renewable assets to new subsidiary NIRL

NLC India Limited has completed the transfer of its renewable energy portfolio to a dedicated subsidiary, consolidating its clean energy assets under a single entity.

In a disclosure dated 01 January 2026, the company informed the stock exchanges that seven Renewable Energy (RE) assets have been transferred to NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India.

The company stated that the transfer took effect on 01 January 2026 under a Business Transfer Agreement executed on 31 October 2025 between NLC India and NIRL. With this move, the company has formally placed its RE portfolio within the subsidiary structure.

NLC India noted that the intimation has been made in line with Regulation 30 and Regulation 51 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

According to information available on its website, NLC India has a renewable energy portfolio of about 1,598.89 MW. This includes ground mounted solar, rooftop solar, floating solar and wind power projects spread across locations in Tamil Nadu, Rajasthan, the Andaman Islands and Neyveli. NLC India is the first Central Public Sector Enterprise to cross 1 GW of installed solar capacity in the country.

The portfolio includes large projects such as 500 MW and 709 MW solar installations in Tamil Nadu, battery-backed solar capacity in the Andaman Islands, rooftop installations and a 51 MW wind power project in Tamil Nadu.

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