NLC India form JV with OREDA to develop green energy projects in Odisha
The wholly owned subsidiary of government-owned NLC India, NLC India Renewables (NIRL), has formed a joint venture (JV) with the Odisha Renewable Energy Development Agency (OREDA). This JV will establish, operate, and maintain 1,000 MW of green energy projects in the eastern state.
As per the statement, the firm will undertake the installation and generation of 1,000 MW of green energy power plants across Odisha in the first phase. Further, the work involves the development of other green energy assets and ancillary activities through forward and backward integration.
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