NLC India Renewables, a subsidiary of NLC India, has signed a joint venture agreement with PTC India to develop a 2 GW renewable portfolio in India (Mercom India, 16/12/2025). The companies plan to develop a green energy portfolio including solar, wind, hydro, BESS, green ammonia among other technologies with up to 2 GW in phases, with the first phase aiming for 500 MW.
The agreement follows a MoU signed between both companies in September 2025.
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