NLCINDIA

Cabinet approves ₹7,000 crore NLCIL investment in renewables push

In a move aimed at accelerating India’s renewable energy transition, the Union Cabinet has approved a Rs 7,000 crore investment by state-owned NLC India Ltd (NLCIL) into its green energy arm, NLC India Renewables Ltd (NIRL). The decision grants the company exemption from existing investment restrictions that apply to other Navratna public sector enterprises.