Wholly owned subsidiary of NGEL
Established: 7 October 2020
Objective: NREL has been formed with the objective to build own and operate RE Projects
Ownership: 51% NGEL, 49% DVC
Established: 25 August 2022
Objective: To develop, operate and maintain Renewable Energy Park & Project(s) in Reservoirs and Land owned by DVC
Ownership: 51% NGEL, 49% UPRVUNL
Established: 1 January 2025
Objective: To develop, operate and maintain Renewable Energy Park(s) & Project(s) in Uttar Pradesh
Ownership: 74% NGEL, 26% RRVUNL
Established: 8 January 2025
Objective: To develop, operate and maintain Renewable Energy Parks including UMREPP/RE Projects comprising of Solar/Wind/Hybrid with or without Storage up to 25 GW capacities in Rajasthan as well as development of Green Hydrogen/Derivatives up to 1 million ton capacities through a suitable model
Ownership: 74% NGEL, 26% MahaPreit
Established: 8 April 2025
Objective: To develop, operate and maintain Renewable Energy Parks including UMREPP/RE Projects comprising of Solar/Wind/Hybrid with or without Storage up to 10 GW capacities in Maharashtra and any other state in India.
Ownership: 50% NGEL, 50% IOCL
Established: 2 June 2023
Object: To develop grid connected and/ or off-grid Renewable Energy (RE) based power projects and/ or solutions to supply 650 MW or more renewable and/ or bundled power, on round the clock basis, to cater to requirement of Indian Oil Corporation Limited
Ownership: 50% NGEL, 50% OGL
Established: 18 November 2024
Object: Exploring and setting up of RE Projects/Assets in India and overseas through Greenfield developments including offshore wind projects, storage, e-mobility, ESG initiatives, carbon/green credits, and ventures like green hydrogen and pumped/energy storage across India
Ownership: 50% NGEL, 50% MAHAGENCO
Established: 25 November 2024
Objective: To develop, operate and maintain Renewable Energy Parks in Maharashtra under UMREPP and allot the Park(s) for development of Renewable Energy Project(s)
Ownership: 50% NGEL, 50% NREDCAP
Established: 6 February 2025
Objective: Development of Renewable Energy Projects comprising of Solar/Wind/Hybrid with or without storage up to 25 GW capacities as well as production of green hydrogen to the tune of 0.5MMPTA and green derivatives and development of Pump Hydro Projects up to 10 GW Capacity
