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NLC bets big on RE, plans ₹1.25 lakh cr capex by '30

Hindustan Times Jammu

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July 14, 2025

NLC India Ltd, a public sector enterprise, is planning to invest ₹1.25 lakh crore by 2030 to expand its capacity from the existing 6.7 gigawatt to 20 gigawatt, Prasanna Kumar Motupalli, Chairman and Managing Director (CMD) of the company has said.

- Press Trust of India

NLC bets big on RE, plans ₹1.25 lakh cr capex by '30

He said, out of ₹1.25 lakh crore planned capex, the company will be spending around ₹65,000 crores on renewables and other green initiatives, while around ₹45,000 crores will be earmarked for thermal and around 15,000 crores for mining.

The official elaborated that out of the ₹65,000 crore capex on renewables, around ₹15,000 crore will be on the battery storage system.

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