NLC India Renewables Limited (NIRL) and MAHAPREIT have formed a Joint Venture to develop 2,000 MW of Renewable Energy Projects, including Solar, Wind, Hybrid, and Storage Systems. Phase I targets 500 MW, expanding to 5,000 MW in Maharashtra. NIRL holds 74% equity and will manage project reports, financing, and development, while MAHAPREIT handles land and grid access.
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