On Tuesday, shares of NLC India settled 0.25 per cent lower at Rs 255.20 over its previous close of Rs 255.85 on the BSE. The company commands a market cap of Rs 35,386 crore.

According to the exchange filing, the MoU envisages an aggregate investment potential of approximately Rs 25,000 crore.

The collaboration is set to generate substantial employment opportunities and will focus on a diverse portfolio of clean energy infrastructure, including solar, wind, hybrid and battery energy storage projects within the state of Gujarat.

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