NLC India (BOM:513683, NSE:NLCINDIA) has signed a deal for its 810 MW solar power project at Pugal Solar Park in Rajasthan, India, marking a significant milestone in its renewable energy expansion, according to a Tuesday filing to the Indian bourses.
The project, set to generate 2 billion units of green electricity annually and offset 1.5 million metric tons of CO2 emissions, was signed with Rajasthan Rajya Vidyut Utpadan Nigam.
This initiative supports India's renewable energy goals and is part of NLC India's broader strategy to achieve 10 GW of renewable capacity by 2030. The project is being developed under the Ultra Mega Renewable Energy Power Park Scheme.
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