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Transfer of 1,430 MW Renewable Energy Assets to NLC India Renewables Limited

Sector: Energy • Location: India

Source: Scanx

Project
Planned

NLC India Limited (NLCIL) has signed a Business Transfer Agreement with its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), to transfer 1,430 MW of renewable energy assets comprising 7 renewable energy assets. The transaction is part of NLCIL's asset monetization plan and is expected to streamline renewable energy operations and unlock value for the company. The transfer will be comp

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The project “Transfer of 1,430 MW Renewable Energy Assets to NLC India Renewables Limited” is an infrastructure initiative in the Energy sector, located in India. Taiyo aggregates data on it from Scanx.

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Participants

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planned

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Description

Description

NLC India Limited (NLCIL) has signed a Business Transfer Agreement with its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), to transfer 1,430 MW of renewable energy assets comprising 7 renewable energy assets. The transaction is part of NLCIL's asset monetization plan and is expected to streamline renewable energy operations and unlock value for the company. The transfer will be completed at book value, with NIRL paying through equity shares or debt acknowledgment. The transaction has received all necessary approvals and is expected to complete by December 31, 2025.

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High

Data quality score

100%

Source

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URL

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