NLC India Ltd has formulated its Corporate Plan 2030, under which it has proposed a massive capex of Rs 82,174 crore for enhancing mining, power generation, and diversification businesses. The company is chalking out plans to expand its lignite mining capacity from the current 30.10 mtpa (million tonnes per annum) to 40.10 mtpa, as well as enhance its coal mining capacity from 20 mtpa to 44.00 mtpa by 2030. It also aims to achieve a total power generation capacity of 17,171 MW by the same period, comprising lignite, coal-based energy, and renewable energy.
As a significant step towards sustainable growth, we are proud to announce the formulation of a Corporate Plan that extends to 2030. This strategic roadmap will play a pivotal role in shaping our decisions and actions, aligning them with our commitment to sustainability and responsible business practices,” Prasanna Kumar Motupalli, CMD of NLC India, said in the company’s latest annual report.
