8 hours ago | National

CCEA approves Investment Exemption for NLCIL to Accelerate Renewable Energy Growth      

The Cabinet Committee on Economic Affairs CCEA has approved a special exemption for NLC India Limited (NLCIL) from the prevailing investment guidelines applicable to Navratna Central Public Sector Enterprises. Briefing the media about the cabinet decisions, Information and Broadcasting Minister Ashwini Vaishnaw said, this strategic decision enables NLCIL to invest seven thousand crore rupees in its wholly owned subsidiary, NLC India Renewables Limited. He said, the exemptions aim to support NLCI...