NLC India Plans Rs 1.25 Trillion Investment by 2030

15 Jul 2025 CW Team

NLC India Ltd, a state-owned enterprise, will invest Rs 1.25 trillion by 2030 to expand its power capacity from 6.7 GW to 20 GW, said Chairman and Managing Director Prasanna Kumar Motupalli. The investment plan includes Rs 650 billion towards renewable and green energy, Rs 450 billion for thermal power, and Rs 150 billion for mining.

Of the green energy capex, around Rs 150 billion will be allocated for battery storage systems. "We are pursuing an aggressive growth strategy, adding both renewable and conventional capacity," the CMD stated.

The company will raise funds through internal accruals, domestic loans, IPOs, and external commercial borrowings. Its subsidiary, NLC India Renewables Ltd (NIRL), is also expected to launch an IPO in the current financial year, aiming to unlock value in the renewable energy segment. NLC has received in-principle approval to invest up to Rs 3.72 billion in NIRL, subject to regulatory clearance.

Internationally, NLC is exploring consultancy opportunities in Sri Lanka, Bhutan, Nepal, Myanmar, Africa, and the Middle East. The firm is also evaluating critical mineral assets in countries like Mali and Congo, with a focus on vanadium, cobalt, lithium, and copper.

Domestically, it recently secured two critical mineral blocks in Chhattisgarh. The company also signed an agreement with the Telangana government to supply 200 MW of renewable power, with construction underway in Gujarat.

For FY2024–25, NLC India posted a consolidated net profit of Rs 27.14 billion on operational income of Rs 152.83 billion.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..