NLC India Limited signed an addendum to its Business Transfer Agreement with wholly-owned subsidiary NLC India Renewables Limited to transfer 708.96 MW of renewable assets, including operational, under-construction projects and a 4 MW green hydrogen unit. Disclosed on September 3, 2026, the slump-sale at book value will be settled by cash or debt, is an arm's-length related-party deal, and should complete within three months.
