At the 2nd Lenders Meet 2026, organised by NLC India Limited on 27 May 2026 in Mumbai, Shri Prasanna Kumar Motupalli, ...
What Prasanna Motupalli said
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Prasanna Motupalli, former CMD of NLC India Limited, addressed the second lenders meet, thanking lenders for their support and attributing 70% of the company's success to them. He highlighted NLC's 70-year history as a world-first integrated energy company, its platinum jubilee, and its diversification from lignite mining and power generation into coal and renewables. Motupalli noted NLC was the first in India to add 1 GW of renewable capacity and maintains an AQI of 30 despite operating Asia's largest lignite complex, citing sustainable practices like SIM FME technology and 3 crore trees. He reported market cap growth from ₹9,500 crore to ₹55,000 crore in three years, with share price reaching ₹360, and all-time highs in coal and renewable production, PBT, PAT, EBITDA, and capex. He stated NLC is effectively net zero, generating 2.5 billion units of green power beyond consumption. He outlined targets: triple total capacity by 2030, double mining to 100 million metric tons, grow renewables from 1.4 GW to 20 GW, and double capex. He mentioned a recent $100 million loan from KFW and invited lenders to visit Neyveli.
Key takeaways
NLC aims to triple total capacity by 2030, double mining to 100 million metric tons, and grow renewable capacity from 1.4 GW to 20 GW.
Market cap grew from ₹9,500 crore to ₹55,000 crore in three years, with share price reaching ₹360.
NLC is effectively net zero today, generating 2.5 billion units of green power beyond consumption.
NLC plans to double capex in the next few years, with work already in progress across all verticals.
A recent $100 million loan from KFW was secured, with KFW historically supporting NLC.
The visionary leader of NLC India Limited, our esteemed chairman and managing director, Shri Prasanna Motupalli. His dynamic leadership, strategic vision and unwavering commitment continue to guide NLCIL towards sustained growth and excellence. With profound respect, I now request our respected CMD sir to kindly deliver the presidential address.
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