NLC India Limited — Updates, 16-07-2025: Press Release
16-07-2025 | 07:12 pm
16-07-2025 | 07:12 pm
NLC India (NLCIL) secured a key Union Cabinet approval, enabling a Rs. 7,000 Crore investment into its renewables subsidiary, NIRL. This exemption from standard investment guidelines and net worth ceilings provides NLCIL significant operational and financial flexibility. The move accelerates NLCIL's green energy expansion, supporting its target of 10.11 GW renewable capacity by 2030. NIRL will serve as the flagship for NLCIL's green initiatives, actively pursuing new projects. This development reinforces NLCIL's role in India's transition to a low-carbon economy and aligns with national climate goals.
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