https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

NLC India Approves ₹1,631 Crore Capital Boost for Renewable Subsidiary, Secures $100 Million ECB from Japan’s SMBC

NLC India allocates ₹1,630.89 cr to NIRL and secures $100M ECB loan to boost its renewable energy portfolio.
Indian Masterminds Stories

New Delhi, July 8, 2025NLC India Limited’s board has approved a significant investment of ₹1,630.89 crore in its wholly owned renewable energy subsidiary, NLC India Renewables Limited (NIRL) .

Equity Infusion Through Tranches

NLC India will channel the investment into NIRL via equity share subscriptions at face value, staged across multiple tranches. The funding will support ongoing and upcoming renewable energy projects, subject to required regulatory approvals

$100 Million ECB Loan Endorsed

Alongside the equity investment, the board approved a $100 million External Commercial Borrowing (ECB) in Japanese yen. NLC India will borrow from Sumitomo Mitsui Banking Corporation (SMBC). Funds will be allocated to capital expenditure for renewable ventures under both its subsidiaries and group companies

Also Read: Mining Veteran S Vijayakumar Promoted to Executive Director at NLC India, Effective July 1

At the same meeting, chartered accountants Sundaram & Srinivasan were appointed as tax auditors for FY 2024‑25. The board convened at 5:00 PM and concluded at 6:30 PM, with all resolutions uploaded on the company’s website

What This Means for NLC India’s Green Push

NLC India is strengthening its commitment to renewable energy by channeling significant capital into its subsidiary and securing international finance. The move reflects a continued shift toward clean energy investments, balancing equity funding and external borrowing for sustainable expansion.

About NLC India

NLC India Limited is a Navratna Public Sector Undertaking under the administrative control of the Ministry of Coal, Government of India. Established in 1956, the company is headquartered in Neyveli, Tamil Nadu. It is a pioneer in lignite mining and thermal power generation in the country.

Also Read: Complies with SEBI Norms: NLC India Announces Retirement of Executive Directors Hariramakrishnan N & Rani Alli G


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
1198036-andhra-pradesh-government
Andhra Pradesh Extends Suspension of Two Senior IPS Officers Amid Ongoing High-Profile Case
Kolkata Port
Kolkata Port Strengthens Trade Ties, Ensures Smooth Cargo Movement to Nepal - Know More
mohan yadav
Madhya Pradesh CM Mohan Yadav to Hold One-on-One Investment Sessions with Industrialists in Kolkata on September 10
Bihar cabinet
Bihar Cabinet Approves Modern LPG-Based Crematoriums in Six Cities to Ensure Clean and Efficient Funeral Services
IPS Anupam-Agrawal-
Karnataka-Cadre IPS Officer Anupam Agrawal Appointed as DIG in CRPF on Central Deputation
Ministry-of-Finance
Finance Ministry to Hold High-Level Meeting on Infrastructure Funding with Banks and FIs on September 11
IAS Officers Indian Administrative Services
UP Lokayukta Recommends Action Against 4 IAS Officers and 100+ Public Servants for Corruption and Misuse of Office
Srinivas Injeti
NSE Appoints Ex-IAS Srinivas Injeti as Chairperson of Governing Board, Former IFSCA Chief with 40+ Years Experience
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
How Modern Forensics Helps Police Solve Crimes – IPS Officer Shikha Goel Explains | Video Interview
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
IAS Medha Roopam
IAS Medha Roopam’s Inspiring Dedication in Flood-Hit Noida Goes Viral: Focuses on Relief, Education Amid Heavy Rains
Books in One Hand, Umbrella in Other: Noida DM Medha Roopam Leads Flood Relief from the Front
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
1198036-andhra-pradesh-government
Andhra Pradesh Extends Suspension of Two Senior IPS Officers Amid Ongoing High-Profile Case
Kolkata Port
Kolkata Port Strengthens Trade Ties, Ensures Smooth Cargo Movement to Nepal - Know More
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
ADVERTISEMENT
ADVERTISEMENT