NLC India has entered into a significant agreement with the Gujarat government for renewable energy projects valued at ₹2,50,000 crores, marking a major milestone in the company's expansion into sustainable energy infrastructure.

Project Investment and Scope

The comprehensive agreement encompasses renewable energy projects with substantial financial commitment from NLC India. The investment details are outlined below:

Employment Generation

The renewable energy projects are expected to create significant employment opportunities across Gujarat. The agreement emphasizes job creation as a key component of the partnership, though specific employment numbers have not been disclosed. The projects are anticipated to generate opportunities across various skill levels and technical expertise areas within the renewable energy sector.

Strategic Partnership

This agreement represents a strategic collaboration between NLC India and the Gujarat government, positioning both parties to benefit from the growing renewable energy market. The partnership demonstrates NLC India's commitment to expanding its renewable energy portfolio while supporting Gujarat's infrastructure development goals.

The substantial investment commitment reflects the company's confidence in Gujarat's business environment and the state's potential for renewable energy development. This collaboration is expected to contribute to India's broader renewable energy objectives while strengthening the economic landscape of Gujarat through industrial development and job creation.

NLC India Limited has entered into a significant partnership with the Government of Gujarat for developing large-scale renewable energy projects worth approximately ₹25,000 crore. The Memorandum of Understanding was signed during the Vibrant Gujarat Regional Conference for the Saurashtra and Kutch Region held on January 12, 2026, at Rajkot.

MoU Signing Details

The agreement was formalized by key representatives from both organizations in the presence of prominent political leaders. Shri Devendra Pratap Singh, Executive Director (Projects & Business Development) & Chief Executive Officer of NLC India Renewables Limited (NIRL), signed on behalf of NLCIL, while Smt. Bhakthi Shamal, Joint Secretary, Energy & Petrochemicals Department, represented the Government of Gujarat.

Strategic Implementation Framework

The proposed renewable energy projects will be developed through NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited. NIRL serves as the company's dedicated renewable energy arm, established specifically to spearhead NLCIL's green energy growth and sustainability initiatives. The collaboration encompasses multiple renewable energy technologies including solar, wind, hybrid systems, and battery energy storage projects.

Government Support and Facilitation

Under the terms of the MoU, the Government of Gujarat has committed to facilitating NLCIL and NIRL in obtaining necessary statutory approvals, clearances, registrations, and other support as per prevailing state policies and regulations. This support framework is designed to enable time-bound implementation of the proposed renewable energy projects across Gujarat.

Strategic Alignment and Future Goals

This partnership aligns with NLC India Limited's Corporate Plan to achieve 10 GW of renewable energy capacity by 2030. The collaboration underscores the company's commitment toward sustainable development, energy security, and decarbonization initiatives. The agreement also strengthens Gujarat's position as a leading renewable energy hub in India while contributing to the nation's goals of achieving net zero emissions and enhancing non-fossil fuel-based power generation capacity.

Ceremonial Presence

The MoU signing ceremony was graced by several distinguished dignitaries, including Shri Piyush Goyal, Union Minister for Commerce and Industry, Government of India, and multiple Gujarat government ministers including Shri Jitubhai Vaghani, Shri Rushikesh Patel, and Shri Kaushikbhai Vekariya. Their presence highlighted the significance of this renewable energy partnership between the central PSU and the state government.