NLC India Limited a Navratna Central Public Sector Undertaking, under the Ministry of Coal hasincorporated a wholly owned subsidiary NLC India Green Energy Limited (NIGEL) specially focusing on taking up all Renewable Energy initiatives.
The first Board meeting of the company was held, and the appointment of key managerial positions were approved along with adoption of the company’s logo. Shri. Prasanna Kumar Motupalli, the Chairman of NIGEL while releasing the logo of the company said that the new company with focused attention on Renewable energy projects will help in increasing the RE power generation capacity faster. With industry climate very optimistic, the growth of RE including storage systems like Pumped Hydro System and Battery Energy Storage System will happen concurrently.
