<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Union Cabinet Approves Investment Exemption for NLCIL to Accelerate Renewable Energy Growth</title>
    <link>https://www.taxtmi.com/news?id=49593</link>
    <description>A central government grants a special investment exemption to NLC India Limited allowing it to invest in its wholly owned subsidiary NLC India Renewables Limited and for NIRL to invest in projects or form joint ventures without prior approvals under delegated powers; the investments are also exempted from the 30% net worth ceiling on CPSE investments in subsidiaries and joint ventures, providing operational and financial flexibility to accelerate renewable energy capacity expansion.</description>
    <language>en-us</language>
    <pubDate>Wed, 16 Jul 2025 17:22:33 +0530</pubDate>
    <lastBuildDate>Wed, 16 Jul 2025 17:22:33 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=836545" rel="self" type="application/rss+xml"/>
    <item>
      <title>Union Cabinet Approves Investment Exemption for NLCIL to Accelerate Renewable Energy Growth</title>
      <link>https://www.taxtmi.com/news?id=49593</link>
      <description>A central government grants a special investment exemption to NLC India Limited allowing it to invest in its wholly owned subsidiary NLC India Renewables Limited and for NIRL to invest in projects or form joint ventures without prior approvals under delegated powers; the investments are also exempted from the 30% net worth ceiling on CPSE investments in subsidiaries and joint ventures, providing operational and financial flexibility to accelerate renewable energy capacity expansion.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Wed, 16 Jul 2025 17:22:33 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=49593</guid>
    </item>
  </channel>
</rss>