NLC India to IPO Renewable Unit by FY27, Exceeding 10 GW Green Target

• NLC India plans an IPO for its renewable energy subsidiary in FY27 to fund growth and unlock market value.
• The company aims to surpass its 10 GW renewable energy target by 2030, with over 8 GW of projects already in the pipeline.
• NLC expects to add approximately 600 MW of renewable capacity in the current fiscal year.
• The second 660 MW unit of NLC's Ghatampur thermal plant is fully operational, with the third unit on an accelerated timeline.
• The Ghatampur plant is projected to contribute ₹8,450 crore annually to NLC's topline once all three units are commercial.

Why It Matters: NLC India's green energy IPO signals new investment opportunities and boosts renewable growth.