8 GW Renewable Capacity by FY28, 10 GW by FY30
Pipeline built through JVs with Rajasthan (2 GW), Assam (1 GW), Maharashtra/Mahapri (~5 GW), and Odisha (~2 GW). 3 GW already in advanced implementation stages.
NLCINDIA / guidance tracker
Keep management guidance in view.
NLC India · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
growth
NIRL IPO Target: September 2026
Cabinet approval and tax exemptions received. All activities in fast progress; management expects to list in September 2026.
Thermal Capacity Additions: ~600 MW FY26, ~1 GW FY27, ~1.5 GW p.a. thereafter
Gatamur full station (3×660 MW) to be fully operational this financial year. Capacity additions to ramp up sharply from FY27 onward.
Pachwara South Coal: ~2 MMT in FY27, Full 9 MMT Eventually
Pachwara South mine commenced operations December 2025; will fully supply Gatamur's ~6 MMT annual requirement. Talabira production at 2 MMT in FY27, bridging 4 MMT via Coal India linkage.