NLC India, PTC India JV targets 2000 MW green energy capacity

• NLC India Renewables Ltd (NLCIL subsidiary) signed a Joint Venture Agreement (JVA) with PTC India Limited on December 12, 2025.
• The JV aims to develop, operate, and maintain renewable energy projects, including solar, wind, hydro, and green ammonia.
• Partners plan to build up to 2000 MW green energy capacity in phases, starting with approximately 500 MW.
• NLC India intends to significantly expand its renewable energy capacity and list its green subsidiary by FY27.

Why It Matters: This partnership expands green energy capacity, impacting future power and investment.