NLC India has received an approval for incorporation of wholly Owned Subsidiary Company to take over the existing renewable assets in the name of ‘NLC India Renewables’ or any other name as may be made available / approved by Ministry of Corporate Affairs.
The Board of Directors at their meeting held on May 8, 2023, has considered and approved the same. The board also approved issuance of Bonds in the nature of Debentures up to Rs 5000 crore in tranches during the FY 2023-24.
NLC India is engaged in the business of lignite mining and power generation.
