NLC India to invest ₹1,250 bn in generation capacity

NLC India Ltd plans to invest ₹1,250 bn ($15 bn) by 2030 to increase its power generation capacity from 6.7 GW to 20 GW over five years.

NLC India Ltd announced plans to invest ₹1,250 bn (approximately $15bn) by 2030 to increase its total power generation capacity from 6.7 GW to 20 GW over the next five years. The company plans to invest ₹65,000 crore ($7.6bn) in renewable energy and green technology projects, with ₹15,000 crore allocated for battery energy storage systems (BESS). ₹45,000 crore is for thermal power developments and ₹15,000 crore supports mining operations as part of its integrated energy production model.

The investment, exempt from the 30 percent net worth ceiling set by the Department of Public Enterprises, offerring greater operational and financial flexibility to NLCIL and NIRL.