NLC India Unveils ₹1.25 Lakh Crore Investment Plan to Triple Power Generation Capacity to 20 GW by 2030

NLC India announces ₹1.25 lakh crore investment plan to expand power capacity to 20 GW by 2030, focusing on renewable energy, thermal power, and lignite mining.
"NLC India Commits ₹1.25 Lakh Crore to Triple Power Capacity to 20 GW by 2030 — Accelerating India’s Energy Transition with a Focus on Renewables, Advanced Thermal Plants & Green Mining."

In a major push toward India’s energy transition and capacity expansion goals, NLC India Limited (formerly Neyveli Lignite Corporation) has announced an ambitious investment plan of ₹1.25 lakh crore to triple its power generation capacity to 20 GW by 2030. The move signals a strong commitment to balancing renewable energy growth with thermal and mining operations to meet rising energy demands sustainably. According to company officials, the investment will be strategically channeled into three key verticals: renewables, thermal power, and lignite mining. With this, NLC India aims to align itself with the country’s net-zero ambitions while ensuring energy security and economic viability.

Currently, NLC India’s power generation portfolio stands at approximately 6.3 GW, with a growing share of renewable energy assets. The company now plans to add over 13.7 GW of new capacity, of which a significant portion—around 6 GW—is expected to come from solar and wind power projects. The remainder will be through ultra-supercritical thermal plants and mine-linked power stations that are designed to be more efficient and environment-friendly.

Speaking on the development, NLC India’s CMD Prasanna Kumar Motupalli emphasized the company’s strategic roadmap: “Our focus is on sustainable growth with a diversified mix of energy sources. This investment will not only help scale up clean energy adoption but also support grid stability through modern thermal infrastructure.”

The company is also expanding its mining capacity, with plans to increase lignite production to around 75 million tonnes per annum, supporting both thermal and industrial uses. In addition, NLC India is evaluating green hydrogen and energy storage projects to further support its renewable integration plans.

The ₹1.25 lakh crore capex will be implemented in phases, with multiple projects already in the pipeline across Tamil Nadu, Odisha, Rajasthan, and Uttar Pradesh. The firm is also in talks with state governments and international investors for possible joint ventures and technology partnerships. As India targets 500 GW of non-fossil fuel capacity by 2030, NLC India’s bold investment plan is poised to play a key role in achieving that milestone, while also reinforcing its position as a leading integrated power producer in the public sector.

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