- NLC India to triple power generation capacity to 20 GW by 2030.
- ₹65,000 crore earmarked for renewable energy and battery storage.
- Company eyes critical mineral assets abroad to secure green energy supply chain.
NLC India Ltd, a central public sector enterprise, has unveiled an ambitious ₹1.25 lakh crore investment plan to elevate its total power capacity from 6.7 GW to 20 GW by 2030.
Beyond domestic operations, NLC is exploring international ventures, with plans to acquire critical mineral assets such as lithium, vanadium, cobalt, and copper.
Powering Ahead: NLC India’s Bold Green Leap and Global Mineral Hunt
NLC India’s renewable strategy is anchored in both solar and wind energy, with a special focus on developing large-scale battery storage systems to support grid stability. The move positions the company as a key player in India’s energy transition.
The planned IPO of NLC India Renewables Ltd (NIRL) will play a critical role in raising funds for green projects. The company has already received in-principle approval to invest up to ₹3,720 crore in NIRL, aiming to unlock value and accelerate clean energy initiatives.
The company recently signed a deal with the Telangana government to supply 200 MW of renewable power. Construction of a major project in Gujarat is also underway and expected to be completed within the current fiscal year.
Financially, NLC India remains strong, reporting a consolidated net profit of ₹2,714 crore on a revenue of ₹15,283 crore in the last financial year. This solid performance provides the foundation for its aggressive expansion plans.
With a strong financial base and a clear green vision, NLC India is poised to play a defining role in India’s sustainable energy future and global mineral value chains.
“The future depends on what you do today.” — Mahatma Gandhi