NLC India has announced the transfer of seven renewable energy assets to its subsidiary, representing a strategic corporate restructuring move aimed at optimizing operational efficiency. This development marks a significant step in the company's efforts to streamline its renewable energy operations and enhance organizational focus on clean energy initiatives.

Strategic Asset Transfer Details

The transfer encompasses seven distinct renewable energy assets that will now operate under the subsidiary's management structure. This reorganization is expected to provide better operational control and specialized focus on renewable energy development projects.

Corporate Restructuring Initiative

This asset transfer forms part of NLC India's broader corporate restructuring strategy designed to enhance operational efficiency across its business segments. The move demonstrates the company's commitment to strengthening its renewable energy portfolio through improved organizational structure and focused management approach.

The restructuring initiative reflects the company's strategic approach to managing its diverse energy assets more effectively. By consolidating renewable energy operations under a dedicated subsidiary, NLC India aims to create specialized expertise and streamlined decision-making processes for its clean energy projects.

Operational Impact and Benefits

The transfer of these renewable energy assets is expected to provide several operational advantages, including enhanced focus on clean energy development and improved resource allocation. This strategic move aligns with the company's long-term vision of expanding its renewable energy footprint while maintaining operational excellence.

The subsidiary structure will enable more targeted management of renewable energy projects, potentially leading to improved project execution and operational performance. This organizational approach reflects industry best practices in managing diverse energy portfolios through specialized business units.

NLC India Limited has marked a significant achievement in its expansion strategy by securing its first commercial coal mine through the Ministry of Coal's competitive auction process. The Navratna public sector enterprise signed a Coal Mining Agreement with M/s. GRN North Dhadhu Coal Mine Private Limited on December 30, 2025, following a comprehensive global tendering process.

Coal Mining Agreement Details

The agreement covers the operation and development of North Dhadu Western Part Coal Mine under the Mine Developer and Operator (MDO) mode. This milestone represents NLC India's entry into commercial coal mining through the auction route, expanding its operational footprint beyond its traditional lignite mining activities.

Mine Specifications and Reserves

The North Dhadu Western Part Coal Mine presents substantial reserves and production capacity for NLC India's portfolio. The mine contains more than 110 million tonnes of extractable coal reserves, positioning it as a significant asset for the company's long-term operations.

Regulatory Approvals and Timeline

The project has achieved key regulatory milestones with the Ministry of Coal approving both the Mining Plan and Mine Closure Plan on November 20, 2025. However, the company is currently working to secure additional statutory approvals required for mine operations.

The pending approvals include:

• Environmental Clearance (EC)
• Forest Clearance (FC)
• Other statutory requirements

Strategic Significance

This development marks NLC India's first successful bid in the Ministry of Coal's auction process, representing a strategic diversification from its core lignite mining operations. The acquisition demonstrates the company's capability to compete in commercial coal mining auctions and expand its resource base through the MDO model.

The Coal Mining Agreement was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, reflecting the material nature of this development for the company's business operations and growth trajectory.