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NLC India Renewables Secures LoI From GUVNL for 900 MW Solar Power Project in Gujarat

The project, awarded through tariff-based competitive bidding, will strengthen NLC India's renewable energy portfolio, with GUVNL set to procure the power generated from the large-scale solar project.
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New Delhi: Government-owned NLC India Limited has announced that its wholly owned subsidiary, NLC India Renewables Limited (NIRL), has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for setting up a 900 MW solar power project in Gujarat.

The project was awarded through a tariff-based competitive bidding process, with GUVNL set to procure the electricity generated from the project. The development marks a significant step in NLC India’s renewable energy expansion and strengthens its presence in India’s growing clean energy sector.

NLC India Renewables Gets LoI for 900 MW Solar Project

NLC India Renewables Limited has secured the project following a competitive bidding process conducted by GUVNL.

The key details of the project include:

  • Project Capacity: 900 MW
  • Project Type: Solar Power Project
  • Project Developer: NLC India Renewables Limited (NIRL)
  • Letter of Intent Issued By: Gujarat Urja Vikas Nigam Limited (GUVNL)
  • Power Procurement: Electricity generated from the project will be procured by GUVNL
  • Award Process: Tariff-based competitive bidding

The 900 MW project represents a major addition to NLC India’s renewable energy portfolio and is expected to contribute to Gujarat’s clean energy capacity.

Read also: NLC India Raises ₹150 Crore Through Commercial Paper Issue to Boost Liquidity and Support Growth Plans

900 MW Solar Project to Strengthen Gujarat’s Renewable Energy Sector

The project is expected to support Gujarat’s growing renewable energy ecosystem and contribute to the state’s clean energy transition.

Gujarat has emerged as one of India’s key renewable energy hubs, with large-scale solar and wind projects being developed across the state. The addition of another 900 MW solar project is expected to further strengthen the state’s renewable power generation capacity.

The project is also aligned with India’s broader efforts to expand renewable energy generation and reduce dependence on conventional sources of power.

Project Linked to Gujarat’s Large-Scale Renewable Energy Development

The NLC India 900 MW solar project is part of the company’s broader expansion in large-scale renewable energy projects in Gujarat.

The state’s large renewable energy parks, including the Khavda region, have become major centres for solar and wind power development. The project adds to the growing renewable energy footprint in Gujarat and reflects the increasing role of large-scale solar capacity in India’s energy transition.

Once developed, projects of this scale can contribute significantly to the expansion of clean electricity generation and support the increasing demand for renewable power.

NLC India Renewables Focuses on Clean Energy Projects

NLC India Renewables Limited (NIRL) was incorporated on June 14, 2023, as a wholly owned subsidiary of NLC India Limited.

The renewable energy arm focuses on developing and managing clean energy projects across multiple segments.

Its areas of focus include:

  • Solar power projects
  • Wind energy projects
  • Green hydrogen initiatives
  • Renewable energy-based power generation
  • Development of non-conventional energy sources
  • Clean energy projects in India and overseas markets

Through NIRL, NLC India aims to expand its presence in the renewable energy sector and participate in India’s transition towards cleaner sources of power.

Renewable Energy Expansion Remains a Key Focus

The 900 MW solar project highlights NLC India’s growing focus on renewable energy as part of the country’s broader clean energy transition.

The company is looking to expand its renewable energy portfolio while supporting the development of large-scale clean power generation capacity. The latest LoI from GUVNL is expected to strengthen NLC India’s position in the renewable energy market and contribute to Gujarat’s efforts to increase its clean energy capacity.

About NLC India Limited

NLC India Limited is a Navratna public sector enterprise under the Government of India. Headquartered in Tamil Nadu, the company is primarily involved in lignite mining, thermal power generation, and renewable energy projects. With decades of experience in the energy sector, NLC India continues to contribute to India’s power security and sustainable energy development goals.

About GUVNL

GUVNL stands for Gujarat Urja Vikas Nigam Limited, a government-owned holding company in India that manages bulk electricity procurement, coordinates power operations, and oversees state power utilities in Gujarat. It was founded in 2005 following the unbundling of the former Gujarat Electricity Board (GEB).

Read also: NLC India Renewables Appoints Four Lead Managers for Proposed IPO to Boost Renewable Energy Growth


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