Coal news and updates

NLC India to invest Rs 1.25 lakh cr, eyes 20 GW capacity by 2030

NLC India Ltd (NLCIL) eyes to scale up its total power generation capacity to 20 gigawatts (GW) by 2030 for which it has earmarked a capital expenditure plan of Rs 1.25 lakh crore.

With renewable energy emerging as the central focus of this expansion, the company wants to expand its total power generation capacity from the current 6.7 gigawatts (GW).

Prasanna Kumar Motupalli, Chairman and Managing Director of NLCIL, confirmed that a substantial Rs 65,000 crore of the total capex will be directed toward renewable energy projects and green technology initiatives. This includes a dedicated Rs 15,000 crore earmarked for battery energy storage systems—highlighting the company’s commitment to addressing intermittency challenges and enhancing grid reliability.

Meanwhile, Rs 45,000 crore is slated for thermal power developments, underscoring NLCIL’s approach to maintaining a diversified energy portfolio. An additional Rs 15,000 crore will support its mining operations, which are vital for its integrated energy production model.