NLC India Ltd Plans $14.6 Billion Investment for Capacity Expansion by 2030

NLC India Ltd, a state-owned mining and power company, is set to invest 1.25 trillion rupees (approximately $14.6 billion) by 2030 to expand its capacity. The company’s chairman revealed that around 650 billion rupees will be allocated to renewable energy and other green projects. Additionally, about 450 billion rupees will be directed towards thermal power projects, while 150 billion rupees will be invested in mining projects. These strategic investments aim to increase the company’s capacity from the current 6.7 gigawatts to 20 gigawatts.

MORE IN INSIDE UNCATEGORIZED