NLC India Limited (NLCIL), under the guidance of Union Minister of Coal and Mines Shri G. Kishan Reddy, has revalidated its Corporate Plan 2030 and Vision 2047, focusing on sustainable and green initiatives. As part of India’s commitment to reducing carbon emissions, NLCIL plans to significantly increase its power generation capacity by 2030. This includes a three-fold increase in its total capacity, with 50% of this new capacity coming from renewable energy (RE).
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The company is set to expand its RE portfolio from 1.43 GW to 10.11 GW by 2030, with an investment of approximately ₹50,000 crore. NLCIL aims to align with India’s “Panchamrit” initiative, contributing towards the country’s goal of achieving 500 GW of non-fossil energy capacity by 2030, as committed at the COP 26 summit. Furthermore, NLCIL plans to achieve “Net Zero” emissions by 2070.
A key player in this transformation is NLC India Green Energy Limited (NIGEL), a wholly-owned subsidiary of NLCIL focused on renewable energy generation. NIGEL is working on 2 GW of renewable energy projects and plans to expand further through competitive bidding and opportunities in the green energy sector.
Looking ahead, NLCIL envisions increasing the share of renewable energy to 77% by 2047 in its overall energy portfolio, moving away from conventional thermal power and investing in innovative technologies to reduce emissions from its existing thermal plants.
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