HomeNewsInterviewNLC India CMD says no plans for divestment as of now; focus on asset monetization

NLC India CMD says no plans for divestment as of now; focus on asset monetization

The company has also sorted out most of the land acquisition issues for expansion of its lignite mine in Tamil Nadu's Cuddalore district, says Prasanna Kumar Motupalli. A section of the locals have been protesting against the project and in May, NLCIL had to shut five units of thermal power plant due to lignite shortage.

July 13, 2023 / 08:37 IST
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NLCIL
Currently, NLCIL has a RE capacity of 1,421 MW comprising solar and wind and by 2030, it aims to become a 6,000+ MW renewable power company.
Sweta Goswami
first published: Jul 13, 2023 07:07 am

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