NLC India shares jump after getting big on renewables with ₹25,000 Cr Gujarat MoUNLC India shares jump after getting big on renewables with ₹25,000 Cr Gujarat MoU

Introduction

Leading renewable energy developer signs MoU with Gujarat government to develop large-scale Solar, Wind, Hybrid, and Battery Energy Storage projects with ₹25,000 crore investment potential.

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Share price movement of NLC India

On January 14, 2026, NLC India Ltd opened at ₹256.85, up 0.64% from its previous close of ₹255.20. The stock reached a high of ₹264.55 (3.68%) and a low of ₹256.85. By 10:32 AM, it traded at ₹263.45, a 3.23% increase, with a market cap of ₹36,530.94 crore.

NLC India Signs Gujarat RE MoU

NLC India Limited signed a Memorandum of Understanding with the Government of Gujarat on January 12, 2026. The MoU focuses on large-scale renewable energy projects in Gujarat.

The projects include Solar, Wind, Hybrid, and Battery Energy Storage systems. The total investment potential is around ₹25,000 crore, creating significant employment opportunities.

NLC India Renewables Limited, a wholly owned subsidiary, will implement the projects. The collaboration supports NLCIL’s target of 10 GW renewable capacity by 2030 and Gujarat’s clean energy growth.

Stock performance of NLC India for Period of 1 week, 6 months, and 1 year

NLC India Ltd declined 5.3% over the past week, gained 9.31% in the past 6 months, and rose 10.6% over the past 1 year.

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Shareholding pattern of NLC India

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	72.20%	72.20%	72.20%
FII	3.30%	3.00%	2.90%
DII	18.20%	19%	18.90%
Public	6.40%	6.30%	6.00%

About NLC India

NLC India Ltd (NLCINDIA) is a Navratna government company engaged in lignite mining, thermal power generation, and renewable energy projects under the Ministry of Coal, India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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