NLC : With the vision of Prime Minister Shri. Narendra Modi, for energy security with sustainable energy generation, under the guidance of Union Minister of Coal and Mines Shri. G Kishan Reddy and Minister of State for Coal and Mines Shri Satish Chandra Dubey, and in line with corporate plan for aggressive capacity addition, NLC India Ltd has entered into Joint Venture Agreements for formation of two significant Joint Ventures (JVs) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). First JV is signed between NLC India Renewables Limited (NIRL) and RRVUNL to establish Renewable Energy projects in the state of Rajasthan and Second JV is between NLCIL and RRVUNL for the development of a Lignite-Based Thermal Power Station.
In the presence of Additional Chief Secretary (ACS), Energy, Govt. of Rajasthan Shri. Alok, IAS, and CMD, NLCIL, Shri. Prasanna Kumar Motupalli, the JV agreements were signed by Director (Finance), NLCIL Dr. Prasanna Kumar Acharya and CMD, RRVUNL, Shri Devendra Shringi. In both the Joint Ventures (JVs), NLCIL will hold a 74% equity stake, while RRVUNL will hold 26%.
These JVs mark a significant step towards advancing sustainable energy and power generation.
<blockquote
class="twitter-tweet"><p lang="en" dir="ltr">𝐍𝐋𝐂 𝐈𝐍𝐃𝐈𝐀
𝐄𝐍𝐓𝐄𝐑𝐒 𝐈𝐍𝐓𝐎 𝐉𝐎𝐈𝐍𝐓 𝐕𝐄𝐍𝐓𝐔𝐑𝐄 𝐀𝐆𝐑𝐄𝐄𝐌𝐄𝐍𝐓
𝐖𝐈𝐓𝐇 𝐑𝐀𝐉𝐀𝐒𝐓𝐇𝐀𝐍 𝐅𝐎𝐑 𝐅𝐎𝐑𝐌𝐀𝐓𝐈𝐎𝐍 𝐎𝐅 𝐓𝐖𝐎
𝐉𝐎𝐈𝐍𝐓 𝐕𝐄𝐍𝐓𝐔𝐑𝐄𝐒 𝐅𝐎𝐑 𝐏𝐎𝐖𝐄𝐑 𝐂𝐀𝐏𝐀𝐂𝐈𝐓𝐘
𝐀𝐃𝐃𝐈𝐓𝐈𝐎𝐍: <a
href="https://t.co/lFMUjxWXWI">pic.twitter.com/lFMUjxWXWI</a></p>—
NLC India Limited (Official) (@nlcindialimited) <a
href="https://twitter.com/nlcindialimited/status/1849365522942750840?ref_src=twsrc%5Etfw">October
24, 2024</a></blockquote>
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