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September 04,2026

NLC India to Hive Off 709 MW Renewables with Green Hydrogen to NIRL

NLC India will hive off 708.96 MW of renewable assets, including a 4 MW green hydrogen project, to its subsidiary NLC India Renewables Limited (NIRL). Addendum to the Business Transfer Agreement was signed on 3 September 2026, with completion expected within three months. Operational RE assets revenue was Rs 41.

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