NLC to invest Rs 1.25 trillion to triple power capacity
NLC India Limited has announced a Rs 1.25 trillion investment plan to increase its power generation capacity from 6.7 GW to 20 GW by 2030. The expansion will span across renewable energy, thermal power, and mining. Out of the total capital outlay, Rs 650 billion is earmarked for renewable energy and green initiatives. This includes Rs 150 billion specifically for battery energy storage systems. Rs 450 billion is allocated for thermal power projects, and Rs…