NLC India Signs Gujarat MoU for Rs 250 Billion Renewables Push

16 Jan 2026 CW Team

NLC India Limited has signed a memorandum of understanding with the Government of Gujarat to explore the development of large-scale renewable energy projects across the state. The MoU was signed during the Vibrant Gujarat Regional Conference for the Saurashtra and Kutch region held in Rajkot on January 12, 2026.

The non-binding agreement envisages the development of solar, wind, hybrid and battery energy storage projects in Gujarat, with an aggregate investment potential of around Rs 250 billion. The proposed investments are also expected to generate substantial employment opportunities across the region.

The projects will be implemented through NLC India Renewables Limited, a wholly owned subsidiary of NLC India Limited and its dedicated renewable energy arm. The subsidiary has been set up to drive the company’s green energy growth and sustainability initiatives.

The strategic collaboration aligns with NLC India Limited’s corporate plan to achieve 10 GW of renewable energy capacity by 2030 and underlines its commitment to sustainable development, energy security and decarbonisation.

Under the terms of the MoU, the Government of Gujarat will facilitate statutory approvals, clearances, registrations and other regulatory support in line with prevailing state policies. This support is intended to enable the time-bound execution of the proposed renewable energy projects.

The partnership is expected to further strengthen Gujarat’s position as one of India’s leading renewable energy hubs while contributing to the country’s national objectives of achieving net zero emissions and increasing the share of non-fossil fuel-based power generation.

Infrastructure Urban

16 Jan 2026

Tanfac Industries Inks 7-year Fluorochemicals Supply Deal with Japan

Tanfac Industries has signed a long-term supply contract with a Japanese customer for the supply of fluorinated chemicals, strengthening its presence in the global specialty chemicals market and enhancing long-term revenue visibility.Under the agreement, the company will supply around 7,500 metric tonnes per annum of fluorinated chemicals, with an estimated contract value of Rs 3.37 billion per year. The total value of the contract is approximately Rs 23.62 billion over a seven-year period. The agreement is scheduled to come into effect from January 1, 2027, and is backed by committed volumes,..

HGS Launches AMLens to Speed up AML Probes with Explainable AI

HGS, a leading provider of digital experience, business process management and digital media services, has launched AMLens, an AI-powered solution designed to accelerate and modernise Anti-Money Laundering (AML) investigations for financial institutions. Listed on both BSE and NSE, the company said AMLens enables faster, more accurate case resolution while helping banks meet increasingly stringent regulatory requirements.AMLens combines machine learning and Natural Language Processing (NLP) to address persistent industry challenges such as manual case handling, alert fatigue and fragmented dat..

Kings Infra Charts ‘Way Forward’ Roadmap for Sustainable Value Growth

Kings Infra Ventures has outlined a refined strategic roadmap, titled “The Way Forward”, aimed at consolidating its market position and accelerating long-term value creation. Anchored in the vision of its Founder-Chairman and Managing Director, Late Shaji Baby John, the strategy focuses on financial consolidation, core business growth and unlocking institutional value from infrastructure and real estate assets.To drive effective execution, the company has adopted a decentralised corporate structure under which each business vertical functions as an independent profit centre. These vertical..