NLC India and APDCL form JV to develop 1 GW solar projects in Assam
NLC India Renewables Limited (NIRL) and Assam Power Distribution Company Limited (APDCL) have incorporated a joint venture company named “NIRL Assam Renewables Limited” to develop renewable energy (RE) projects in Assam. NIRL, a wholly-owned subsidiary of NLC India Limited, will hold a 51% equity stake in the JV, while APDCL will hold 49%. The joint venture will be responsible for the development, operation, and maintenance of RE power projects across Assam. This move follows the…