State-run NLC India (formerly Neyveli Lignite) has lined up large capacity expansion plans in thermal and renewable power, battery storage and coal gasification, while also seeking growth in conventional areas like coal and lignite mining, Chairman & Managing Director (CMD) M Prasanna Kumar told FE.
The company is hopeful of starting to generate green hydrogen by the next financial year, and putting on stream the coal gasification unit in FY27.
The total investments for these projects are estimated at Rs 82,700 crores, of which Rs 22,000 crores will be invested in the RE sector.
