State-run NLC India Ltd (NLCIL) will develop large-scale pumped storage projects in Tamil Nadu and Odisha. These grid-scale assets will manage the intermittency of renewable energy sources.
NLCIL Renewables Ltd (NIRL), the company’s dedicated green arm, is spearheading this expansion. The initiative supports a broader strategy to increase the firm's renewable energy portfolio.
NLC India is also partnering with IIT Madras to develop advanced carbon capture systems. Additionally, the company is exploring new opportunities in critical minerals.