In Short : Neyveli Lignite Corporation (NLC) is preparing an IPO for its renewables subsidiary, NLC India Renewables (NIRL), to fund expansion. NIRL operates 1.4 GW of solar/wind projects and targets 6 GW by 2030. The move aligns with India’s 500 GW renewable goal. The offering, likely in 2024-25, awaits government approvals. This could set […]
The NUPPL super critical thermal power project is being built in an area of 1013.97 hectares. To meet the rising power demand in India, the NLC India Limited (formerly Neyveli Lignite Corporation Limited) will begin the operation of its first super-critical coal-based thermal power plant soon. The NLC India Limited’s first coal-based supercritical power plant […]