CCEA exempts NLCIL from Navratna investment limits for ₹7,000 crore in NLC India Renewables
On 16 July 2025, the Cabinet Committee on Economic Affairs approved a special exemption allowing NLC India Limited to invest ₹7,000 crore in its subsidiary NLC India Renewables Limited.
Summary
The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister approved on 16 July 2025 a special exemption for NLC India Limited (NLCIL) from the investment guidelines for Navratna CPSEs. NLCIL can invest ₹7,000 crore in its wholly owned subsidiary NLC India Renewables Limited (NIRL) without prior approval, and the investment is also exempt from the Department of Public Enterprises' 30% net worth ceiling for CPSE investment in JVs and subsidiaries. The move supports NLCIL's target of 10.11 GW of renewable capacity by 2030 and 32 GW by 2047. NLCIL's seven renewable assets of about 2 GW will be transferred to NIRL.
Key facts
- Approved
- 16 July 2025, CCEA
- Company
- NLC India Limited (Navratna CPSE)
- Investment
- ₹7,000 crore in NLC India Renewables Limited
- Exemption
- Navratna investment guidelines; DPE 30% net worth ceiling
- RE targets
- 10.11 GW by 2030; 32 GW by 2047
- Assets transferred
- Seven RE assets, ~2 GW
Practice MCQs 2 questions
The CCEA on 16 July 2025 allowed NLC India Limited to invest how much in its subsidiary NLC India Renewables Limited, exempt from Navratna investment guidelines?
Show answer
Correct answer: B — ₹7,000 crore
PIB (CCEA): the exemption enables NLCIL to invest Rs 7,000 crore in its wholly owned subsidiary NIRL. (₹7,500 crore and ₹20,000 crore relate to NTPC's delegation approved the same day.)
The NLCIL investment approved on 16 July 2025 was also exempted from which ceiling stipulated by the Department of Public Enterprises for CPSE investment in JVs and subsidiaries?
Show answer
Correct answer: C — 30% of net worth
PIB (CCEA): the investment is further exempted from the 30% net worth ceiling stipulated by DPE for overall investment by CPSEs in JVs and subsidiaries.