Announced Wed, 1 Jul · 20:09 IST
NLC India arm wins 600 MW solar project award in Uttar Pradesh
General View source PDF
NLCINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹317.60
prior close
₹320.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.5-0.3-0.5-1.4-3.0-5.0-7.1-4.5-4.1-8.7———
Up moveDown movePending
AI summary
NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India, has received a Letter of Award from Bundelkhand Saur Urja Limited, a joint venture of NHPC and UPNEDA. The award is for setting up 600 MW (2x300 MW) solar power projects at the Jalaun Solar Power Park in District Jalaun, Uttar Pradesh, won through tariff based competitive bidding.
Likely market impact
Positive for NLC India. Adds 600 MW solar capacity to its renewable energy portfolio, supporting long term revenue growth and order book.