Live
- Woman’s False Claim Sparks Unnecessary Panic
- Locals Report Naxal Activity in Karkala Village
- Mangaluru International Airport Sets New Records in Passenger and Flight Movements
- Where Areca failed, grow Coffee
- Collector Badavath Santosh Reviews Household Survey and Listing Process
- Awareness Session on SHE Team and POCSO Act
- Awareness Program in agricultural College on the Dangers of Drug Abuse for Youth
- 3500-Year-Old Menhir in Kamsanpally Village: A Call for Preservation
- The Role of Artificial Intelligence in Radiology: Transforming Diagnosis and Patient Care
- Hindustan Zinc Ltd. Signs MoU with Rajasthan Government to Invest Rs 36 Crores in Education Development
NLC India incorporates NIGEL for green energy projects
State-owned NLC India Limited (NLCIL) has incorporated a new wholly-owned subsidiary, NLC India Green Energy Limited (NIGEL), to undertake green projects.
New Delhi : State-owned NLC India Limited (NLCIL) has incorporated a new wholly-owned subsidiary, NLC India Green Energy Limited (NIGEL), to undertake green projects.
Currently, projects to the tune of 2 GW of renewable energy are under implementation and will be taken up by NIGEL, including 600 MW solar power project in Gujarat and 810 MW Solar Photovoltaic Power Project in Rajasthan, NLC India said in a statement on Monday.
NLCIL has already incorporated a wholly-owned subsidiary NLC India Renewables Limited for asset monetisation. On the occasion, Prasanna Kumar Motupalli, Chairman and Managing Director, NLCIL said: "The newly-incorporated company will take care of planning, participating in upcoming RE tenders, tendering, execution and commissioning of Renewable projects."
"The subsidiary is expected to achieve 5 GW capacity by 2030 and contribute for carbon emission reduction," he added. The company’s registered office is situated at Chennai and it will commence its business operations in due course.
