In a significant stride toward enhancing India’s clean energy landscape, NLC India Limited—a Navratna enterprise under the Ministry of Coal—has partnered with Assam Power Distribution Company Limited (APDCL) to establish a new joint venture company named NIRL Assam Renewables Limited.
The joint venture, officially registered with the Ministry of Corporate Affairs as of May 7, 2025, marks a collaborative push toward fulfilling Assam’s renewable energy obligations and expanding green infrastructure in the northeast.
The newly formed entity will see NLC India Renewables Limited (NIRL)—a wholly owned subsidiary of NLC India—holding a 51% stake, while APDCL will own 49%. The equity shares will be issued at a face value of ₹10 each, fully subscribed in cash.
According to official sources, the primary mandate of NIRL Assam Renewables Limited is to develop, operate, and maintain renewable energy projects in Assam, aligning with national goals to decarbonize India’s energy mix. The venture was greenlit by the Ministry of Coal after receiving the concurrence of the Department of Investment and Public Asset Management (DIPAM) in March 2025.
This move underscores NLC India’s broader strategic push into the renewables sector, as the company looks to diversify beyond lignite mining and thermal power generation. It comes at a time when Assam and other northeastern states are ramping up efforts to transition to cleaner energy sources amid growing power demand and environmental imperatives.
About NLC India Ltd
NLC India Limited, formerly Neyveli Lignite Corporation, currently operates major lignite mines in Tamil Nadu and Rajasthan and is expanding its renewable energy portfolio across the country. The JV with APDCL represents its first such partnership in Assam and signals a growing role for public sector synergy in India’s green energy mission.
