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'NLC India arm NIRL plans ₹4,000 cr IPO'

Mint Bangalore

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July 21, 2025

NIRL, the renewable energy arm of state-owned NLC India, is expected to go public in the second quarter of the next financial year to raise around ₹4,000 crore to part fund its expansion plans, a top official of the company said.

In an interview to PTI, chairman and managing director (CMD) of NLC India Ltd (NLCIL) Prasanna Kumar Motupalli said that the public sector enterprise is targeting to ramp up its

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