NLC India is planning to invest Rs 1.25 lakh crore by 2030 to expand its capacity from the existing 6.7 gigawatt to 20 gigawatt. Out of Rs 1.25 lakh crore planned capex, the company will be spending around Rs 65,000 crore on renewables and other green initiatives, while around Rs 45,000 crore will be earmarked for thermal and around 15,000 crore for mining. Out of the Rs 65,000 crore capex on renewables, around Rs 15,000 crore will be on the battery storage system.
The company is arranging finance for the planned capex of Rs 1.25 lakh crore through internal accruals, domestic loans, Initial Public Offering's (IPOs), External Commercial Borrowings (ECBs).
NLC India is a Navratna Government of India Enterprise, under the administrative control of Ministry of Coal. The company is engaged in the business of mining of Lignite, Coal and generation of power by using lignite as well as Renewable Energy Sources and consultancy.
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