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NLC India, Indian Oil Corporation partner up for large-scale green energy projects
State-run NLC India Limited (NLCIL) has partnered with Indian Oil Corporation Limited (IOC) to form a joint venture focused on developing large-scale green energy projects in Tamil Nadu. This collaboration, formalized by a Memorandum of Understanding, aims to advance renewable energy initiatives including solar, wind, and storage solutions. The partnership signifies a strategic move for NLCIL's diversification into clean energy and contributes to India's sustainable development goals.
Delhi High Court impleads JK Paper as defendant in the legal dispute over Prithviraj Road bungalow
JK Paper Ltd is now a defendant in a Delhi High Court case. The dispute concerns a bungalow on Prithviraj Road. Punit Beriwala claims he made an advance payment for the property in 2004. JK Paper acquired the bungalow in December 2021 for Rs 250 crore. Beriwala's counsel informed JK Paper about his client's claim.