NLC India Limited has informed the Exchange regarding a press release dated December 12, 2025, titled "NIRL AND PTC INDIA LTD JOIN HANDS TO ESTABLISH A GREEN ENERGY JOINT VENTURE".
NLCINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NLC India Limited has shared a press release dated December 12, 2025, announcing that its subsidiary NIRL (NLC India Renewables Limited) is partnering with PTC India Ltd to set up a green energy joint venture. PTC India is a well-known power trading company, and the JV is expected to focus on developing renewable energy projects. The move is part of NLC India's broader push to expand its clean energy portfolio. Specific financial details such as investment size or stake split have not been disclosed in this filing.
This is a positive development for shareholders, as the JV combines NLC India's renewable energy capabilities with PTC India's power trading expertise, potentially opening new revenue streams in the green energy space.