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NLC India Shares in Focus on Subsidiary Secures 250 MW BESS Project in Tamil Nadu

Written by: Team Angel OneUpdated on: 23 Jun 2025, 4:22 pm IST
NLC India, shares-in-focus subsidiary, has secured a Letter of Award from TNGECL for a significant 250 MW/500 MWh project in Tamil Nadu.
NLC India Shares in Focus on Subsidiary Secures 250 MW BESS Project in Tamil Nadu
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NLC India Limited, a Navratna Government of India enterprise, has made a significant advancement in India’s green energy landscape. The company’s wholly owned subsidiary, NLC India Renewables Limited, has secured a pivotal Letter of Award from Tamil Nadu Green Energy Corporation Limited (TNGECL) for a pioneering battery storage project, establishing a strong presence in energy storage infrastructure.

Landmark Battery Storage Initiative

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NLC India Limited has disclosed that its subsidiary, NLC India Renewables Ltd, will undertake the development of three standalone Battery Energy Storage System (BESS) projects. With a total capacity of 250 MW/500 MWh, these systems are designed for 2 complete charging/discharging cycles for on-demand usage. This is the first major BESS venture by the NLCIL Group, marking a milestone in its clean energy journey.

Project Execution and Location Details

The project will be implemented under the Build-Own-Operate (BOO) model with Viability Gap Funding (VGF) support from the state. The BESS units will be strategically located at three key substations in Tamil Nadu: Ottapidaram, Anuppankulam, and Kayathar. These locations span the 400/230/110 kV transmission levels. The project was secured through a competitive bidding process, reflecting NLC India’s strong execution capabilities and commitment to energy transition.

Read More: Jindal Steel, NLC India Among 27 Bidders for 11 Coal Blocks!

NLC India Share Price Performance 

As of 23 June 2025, 09:18 AM, NLC India share price are trading at ₹226.90 per share, a 1.91% increase. Over the month, the stock has surged by 1.05%.

Conclusion

With this large-scale battery storage project, NLC India is entering a new era of energy innovation. The initiative not only reinforces its leadership in the renewable sector but also strengthens India’s overall grid reliability and clean energy ambitions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 23, 2025, 10:50 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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