Mumbai, June 23 -- NLC India has signed a Memorandum of Understanding (MoU) with Indian

Oil Corporation (IOCL) for formation of a Joint Venture (JV) for establishment of Renewable Energy Power Projects in the State of Tamil Nadu.

The MoU was signed on 22 June 2026 for the development of large scale Renewable Energy (RE) projects including Solar, Wind, Hybrid Power with or without Energy Storage such as Battery Storage and Pumped Storage Projects or any combination of the same for supply of renewable power to third party, Commercial and Industrial (C&I) consumers, Discoms, energy exchange, for e-mobility, power to applications such as usage/ production of green synthetic fuels/chemicals, complete value chain for solar module manufacturin...