PrelimsBanking & Economics Affairs
NIRL To Set Up 900 MW Solar Project In Gujarat
Solar ProjectGUVNLNLC India
# NIRL To Set Up 900 MW Solar Project In Gujarat
### Why in News?
NLC India Renewables Ltd (NIRL) has received a Letter of Intent (LoI) to set up a **900 MW solar power project** for **Gujarat Urja Vikas Nigam Ltd (GUVNL)**. The project was awarded through a tariff-based competitive bidding process.
### What is the project about?
- The entire green energy generated from the 900 MW project will be procured by **GUVNL**, the state power utility of Gujarat.
- NIRL was specifically established to acquire and manage the green energy assets of **NLC India Ltd**, focusing on non-conventional power generation and expanding renewable energy in domestic and international markets.
### Who are the key entities?
- **NIRL** is a subsidiary of **NLC India Ltd**, a **Navratna Central Public Sector Enterprise (CPSE)** under the **Ministry of Coal**. It was established in 2023 and is headquartered in Chennai.
- NLC India, formerly known as **Neyveli Lignite Corporation**, is diversifying into renewable energy through its subsidiary.
### Exam Connect
**NLC India Ltd** → Navratna CPSE under **Ministry of Coal**
**NIRL** → Subsidiary of NLC India, focused on **renewable energy**