Follow India Renewable Energy News on WhatsApp for exclusive updates on clean energy news and insights

NLC India Brings Entire 300 MW Bikaner Solar Project Online, Expands Renewable Portfolio

NLC India has successfully completed the commissioning of its 300 MW solar power project in Bikaner, Rajasthan, following the operationalisation of the final 141.17 MW capacity, marking full commercial readiness of the project.

In a regulatory filing, the company confirmed that it received the Part Commissioning Certificate for the final phase from the Rajasthan Renewable Energy Corporation on January 24, 2026.

The project was developed in phases, with 52.83 MW and 106 MW declared commercially operational earlier on August 26, 2025, and November 2, 2025, respectively. With the final tranche now online, the entire 300 MW capacity is fully operational.

As a result, NLC India’s total installed renewable energy capacity has increased to 1,766 MW, strengthening its clean energy portfolio.

The commissioning follows a series of strategic initiatives undertaken by the company to accelerate its renewable expansion. Earlier this month, NLC India signed a memorandum of understanding with the Government of Gujarat to develop large-scale solar, wind, hybrid, and battery energy storage system (BESS) projects in the state, with an estimated investment potential of around Rs 25,000 crore.

In addition, NLC India Renewables recently entered into a joint venture with PTC India to develop up to 2 GW of green energy projects, beginning with a 500 MW initial phase. The partnership spans multiple clean energy technologies, including solar, wind, hydro, battery storage, green ammonia, and other emerging solutions.

Further strengthening its renewable roadmap, NLC India Renewables signed an MoU in December 2025 with the Odisha Renewable Energy Development Agency to jointly develop solar, hybrid, rooftop, and energy storage projects across the state.

On the financing front, NLC India recently secured its first Green Loan under the External Commercial Borrowing (ECB) framework, raising JPY 15.464 billion (approximately USD 100 million) from Sumitomo Mitsui Banking Corporation (SMBC). The funds will be used exclusively to support renewable energy capital expenditure through its subsidiary, NLC India Renewables Ltd. (NIRL).

In July 2025, the Cabinet Committee on Economic Affairs approved a special exemption allowing NLC India to invest up to Rs 7,000 crore in NIRL without prior approval. Subsequently, the company’s board granted in-principle approval to infuse up to Rs 1,630.89 crore through equity subscriptions in one or more tranches.

NLC India has set an ambitious target of achieving 10 GW of renewable energy capacity by 2030 and aims to increase the share of green energy in its overall power portfolio to 50 percent, supporting India’s Net-Zero 2070 commitment.