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.

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