NLC India and OREDA form JV for 1GW renewable energy project
pre-market1 source ↓written by the desknot a recommendation
- of renewable energy
- 1,000MW
- of pumped storage
- 525MW
- of wind power
- 250MW
- of floating solar
- 225MW
NLC India Renewables Limited (NIRL) and Odisha Renewable Energy Development Agency (OREDA) have established a joint venture to develop 1,000MW of renewable energy in Odisha. This portfolio includes 525MW of pumped storage, 250MW of wind power, and 225MW of floating solar projects. The initiative aims to enhance the state's renewable capacity and support grid integration.
Not investment advice. For informational purposes only.