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Union Cabinet approves investment exemption for NLC India Ltd
short by / on Thursday, 17 July, 2025
The Union Cabinet approved a ₹7,000 crore investment exemption for NLC India Ltd into its subsidiary, NLC India Renewables Ltd, for renewable energy projects. This strategic move, exempt from prior approvals and net worth ceilings, accelerates NLCIL's 2030 target of 10.11 GW renewable capacity, aligning with India's COP26 commitments and fostering green energy leadership and job creation.