NLC India Limited has signed a non-binding MoU with the Government of Gujarat to develop large-scale renewable energy projects worth nearly ₹25,000 crore. The partnership focuses on solar, wind, hybrid, and battery storage projects, supporting Gujarat’s leadership in clean energy and India’s Net Zero goals.
NLC India Limited has entered into a strategic Memorandum of Understanding with the Government of Gujarat to develop large-scale renewable energy projects across the state. The MoU was signed during the Vibrant Gujarat Regional Conference for the Saurashtra and Kutch Region held in Rajkot on 12 January 2026.
The agreement outlines a collaborative framework for setting up solar, wind, hybrid, and battery energy storage projects with an aggregate investment potential of approximately ₹25,000 crore. These initiatives are expected to create substantial employment opportunities while strengthening Gujarat’s renewable energy infrastructure.
The proposed projects will be implemented through NLC India Renewables Limited, a wholly owned subsidiary and the dedicated renewable energy arm of NLC India Limited. This initiative aligns with the company’s corporate plan to achieve 10 GW of renewable energy capacity by 2030, reinforcing its commitment to sustainable development, energy security, and decarbonisation.
Key Highlights
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MoU signed during the Vibrant Gujarat Regional Conference in Rajkot
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Estimated investment potential of around ₹25,000 crore
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Development of solar, wind, hybrid, and battery energy storage projects
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Project execution through NLC India Renewables Limited
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Facilitation of statutory approvals and clearances by the Government of Gujarat
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Contribution towards India’s Net Zero emissions and clean energy goals
Sources: NLC India Limited, Government of Gujarat