NLC India Ltd announced on Sunday that its renewable energy arm has won a contract from Tamil Nadu Green Energy Corporation Ltd (TNGECL) to set up large-scale battery energy storage systems. This marks NLC India Ltd’s (NLCIL Group) first major venture into standalone Battery Energy Storage System (BESS) projects.
According to a regulatory filing with the BSE, NLC India Renewables Ltd — a fully owned subsidiary of NLCIL — received a Letter of Award (LoA) from TNGECL to develop three independent BESS installations. These projects will collectively offer a storage capacity of 250 MW/500 MWh and support two complete charge-discharge cycles per day for flexible power delivery.
The projects are to be executed under a build-own-operate (BOO) framework with financial support through viability gap funding. The contract was secured through a competitive bidding process. NLC India Ltd recently posted a consolidated net profit of ₹468.46 crore for the fourth quarter of FY25 — more than four times higher than the same period last year.
NLC India Ltd is a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India. Established in 1956, the company is primarily engaged in lignite mining and thermal power generation. Over the years, NLC India has diversified its operations into renewable energy, including solar and wind power, and has also ventured into coal mining to strengthen its energy portfolio.
With a strong focus on sustainable growth, the company is actively participating in the energy transition by investing in green energy initiatives such as battery energy storage systems (BESS) and solar power projects. Headquartered in Neyveli, Tamil Nadu, NLC India continues to play a key role in meeting the country’s growing energy demands while aligning with national clean energy goals.
