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NLC India plans to invest Rs 82,700 crore by 2030 to scale up power generation capacity

25 Oct 2023 Evaluate

NLC India has planned to invest Rs 82,700 crore by 2030 to scale up its power generation capacity to 17 GW. Out of the 17 GW, 6 GW will be renewable-based capacity and the balance 11 GW from conventional sources. At present, NLC has an installed power generation capacity of 6 GW which comprises 1.4 GW from green sources. The company has set a capex target of Rs 2,480 crore for the ongoing 2023-24 fiscal. 

NLC India is engaged in the business of lignite mining and power generation.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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