NLC India, PTC India JV to Build 2,000 MW Green Energy; FY27 Listing

• NLC India Renewables Ltd and PTC India Ltd formed a joint venture to develop green energy projects.
• The JV aims to establish up to 2,000 MW of renewable energy capacity in phases, starting with 500 MW.
• The agreement was signed on December 12, 2025, in Neyveli, following an MoU from September 8, 2025.
• The joint venture will focus on solar, wind, hydro, battery storage, green ammonia, and other clean technologies.
• NLC India plans to list its renewables arm by FY27 and aims to exceed its 10GW clean energy target for 2030.

Why It Matters: New JV accelerates green energy development and capacity expansion.