Why in news?
In July 2025, the Indian government allowed NLC India Limited (NLCIL) to invest freely in its renewable‑energy subsidiary, signalling a shift toward cleaner power.
Key points
- The Cabinet removed the requirement for prior approval and the 30 percent net‑worth cap on NLCIL’s investments. This allows it to inject around ₹7,000 crore into its arm NLC India Renewables Ltd.
- NLCIL, traditionally a lignite mining and thermal power company, aims to raise its renewable capacity from about 2 gigawatts to over 10 GW by 2030 and to more than 30 GW by 2047.
- The move supports India’s commitment to achieve 500 GW of non‑fossil‑fuel power capacity by 2030 and net‑zero emissions by 2070.
- Expanding green energy will improve energy security, reduce reliance on coal, create jobs and attract investment in clean technologies.
