NLC India
251.50
+3.45(+1.39%)
Market Cap₹34,873.91 Cr
PE Ratio12.68
IndustryPower
Company Performance:
1D+1.39%
1M-7.54%
6M+7.51%
1Y+19.00%
5Y+384.59%
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More news about NLC India
13Jan 26
NLC India Signs ₹2.5 Lakh Crore Renewable Energy Agreement with Gujarat Government
NLC India has signed a major agreement with Gujarat government for renewable energy projects worth ₹2,50,000 crores. The comprehensive partnership focuses on sustainable energy infrastructure development and is expected to generate substantial employment opportunities across the state. This strategic collaboration represents a significant expansion of NLC India's renewable energy portfolio while supporting Gujarat's infrastructure development and economic growth objectives.
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13Jan 26
NLC India Signs ₹25,000 Crore MoU with Gujarat for Renewable Energy Projects
NLC India Limited signed a ₹25,000 crore MoU with Gujarat government on January 12, 2026, for developing large-scale renewable energy projects including solar, wind, hybrid and battery storage systems. The agreement will be implemented through NIRL, the company's renewable energy subsidiary, with Gujarat providing necessary regulatory support for time-bound project execution. This partnership supports NLC India's target of achieving 10 GW renewable capacity by 2030 and contributes to India's net zero emission goals.
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13Jan 26
NLC India Limited Modifies Record Date for Interim Dividend FY 2025-26 to January 20, 2026
NLC India Limited has modified the record date for its interim dividend for FY 2025-26 from January 15, 2026, to January 20, 2026, due to a trading holiday declared by stock exchanges. The change was communicated under SEBI Regulation 42, and the company assured that dividend payments will be made to eligible shareholders as per statutory timelines.
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13Jan 26
NLC India Declares ₹3.60 Interim Dividend Per Share, Approves Subsidiary Stake Dilution
NLC India Limited, a Navratna PSU under the Ministry of Coal, has declared an interim dividend of ₹3.60 per share and approved a proposal to dilute stake in a subsidiary via public offering. These decisions reflect the company's strategy of providing shareholder returns while exploring capital market opportunities for subsidiary growth.
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13Jan 26
NLC India Shares Rise 2.8% on Board Approval for Subsidiary Listing and Interim Dividend Declaration
NLC India shares rose 2.8% to ₹263.05 following board approval for listing renewable energy subsidiary NIRL with up to 25% equity dilution through public offerings. The company declared a 36% interim dividend of ₹3.60 per share for FY2025-26 with record date of January 16, 2026. The board also approved ₹66.60 crore investment in NIRL for green energy projects through joint ventures, generating positive investor sentiment.
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13Jan 26
NLC India Board Approves Subsidiary Listing and Declares Interim Dividend
NLC India's board approved the listing of subsidiary NIRL with up to 25% stake dilution via public offer and sanctioned ₹66.60 crore investment for green energy projects. The company declared a 36% interim dividend of ₹3.60 per share for FY26 with record date of January 16, 2026. Shares closed at ₹252.65, down 2.41%, with market cap of ₹35,477.10 crore.
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13Jan 26
NLC India Receives Approval for Renewables Subsidiary Listing and Declares ₹3.60 Interim Dividend
NLC India has received in-principle approval for listing its renewable energy subsidiary, NLC India Renewables, while approving an investment of up to ₹666.00 million in the subsidiary. The company has also declared an interim dividend of ₹3.60 per share, demonstrating its commitment to both renewable energy expansion and shareholder returns.
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12Jan 26
NLC India Board Approves Listing of Renewable Arm, Announces ₹3.60 Interim Dividend
NLC India's board has approved the listing of its renewable subsidiary NIRL with plans to divest up to 25% stake through public offer, aligning with government monetisation targets. The company announced an interim dividend of ₹3.60 per share for FY26 and approved investment of up to ₹66.60 crore in the renewable arm. While the stock delivered only 6% returns over one year compared to Nifty's 10%, it has been a multibagger with 215% three-year returns.
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12Jan 26
NLC India Board Approves Listing of Renewable Subsidiary NIRL, Declares 36% Interim Dividend
NLC India's board approved the listing of its renewable subsidiary NIRL through up to 25% equity dilution via public offer, subject to regulatory approvals. The company declared a 36% interim dividend of ₹3.60 per share for FY26 with January 16 as record date. The board also approved investment of up to ₹66.60 crores in NIRL for green energy projects through joint ventures.
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12Jan 26
NLC India Announces ₹3.60 Per Share Interim Dividend for FY26
NLC India has declared an interim dividend of ₹3.60 per share (36% on face value) for FY26, with record date set for January 16, 2026. The ex-dividend date falls on January 14, 2026, due to market closure for Mumbai civic polls. The company's subsidiary NLC India Renewables received in-principle listing approval, while the stock closed 1.50% higher at ₹255.90, outperforming the market.
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12Jan 26
NLC India Receives Initial Approval for Renewables Subsidiary Listing, Announces ₹666 Million Investment and Interim Dividend
NLC India has received initial approval for listing its renewables subsidiary and plans to invest up to ₹666 million in NLC India Renewables. The company has also declared an interim dividend of ₹3.60 per share, demonstrating a balanced approach between growth investments and shareholder returns in the renewable energy sector.
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12Jan 26
NLC India Board Approves Subsidiary Listing, Declares 36% Interim Dividend and Green Energy Investment
NLC India Limited's board meeting on January 12, 2026, resulted in three major approvals: in-principle listing of wholly owned subsidiary NIRL with up to 25% equity dilution through public offer, interim dividend declaration of 36% (₹3.60 per share) for FY 2025-26 with record date January 16, 2026, and investment approval of up to ₹66.60 crore in NIRL for green energy projects through joint ventures.
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12Jan 26
NLC India Declares 36% Interim Dividend, Approves ₹66.60 Crore Investment in Renewable Subsidiary
NLC India Limited's board approved a 36% interim dividend (₹3.60 per share) for FY 2025-26 with record date January 16, 2026. The company also sanctioned investment of up to ₹66.60 crore in wholly owned subsidiary NIRL for green energy projects and approved potential listing of NIRL through 25% equity dilution aligned with government monetisation targets.
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07Jan 26
NLC India Board Meeting Scheduled for January 12, 2026 to Consider Interim Dividend Declaration
NLC India Limited has scheduled a Board of Directors meeting for January 12, 2026, to consider and approve the declaration of interim dividend for Financial Year 2025-26. The announcement was made on January 7, 2026, in compliance with SEBI Regulation 29 requirements for prior intimation to stock exchanges. The company has formally notified both NSE (symbol: NLCINDIA) and BSE (scrip code: 513683) about this scheduled board meeting.
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06Jan 26
NLC India Receives Credit Rating Reaffirmation from Care Ratings Limited
NLC India Limited received credit rating reaffirmation from Care Ratings Limited on January 6, 2026, maintaining AAA ratings with stable outlook. The reaffirmation covers long-term bank facilities of ₹1,200 crores, long-term/short-term bank facilities of ₹772 crores, and commercial paper worth ₹6,000 crores. This regulatory disclosure demonstrates the company's continued financial strength and creditworthiness in the market.
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01Jan 26
NLC India Transfers Seven Renewable Energy Assets to Subsidiary
NLC India has transferred seven renewable energy assets to its subsidiary as part of a strategic corporate restructuring initiative. This move aims to optimize operational efficiency and enhance focus on renewable energy development through improved organizational structure and specialized management approach.
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31Dec 25
NLC India Secures First Commercial Coal Mine Through Auction, Signs Agreement for North Dhadu Western Part Mine
NLC India Limited achieved a strategic milestone by winning its first commercial coal mine through the Ministry of Coal's competitive auction process. The company signed a Coal Mining Agreement with M/s. GRN North Dhadhu Coal Mine Private Limited for the North Dhadu Western Part Coal Mine, which contains over 110 million tonnes of extractable coal reserves and has a rated capacity of 3 million tonnes per annum under the Mine Developer and Operator mode.
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19Dec 25
NLC India Commences Mining Operations at Pachwara South Open Cast Project
NLC India has commenced initial mining operations at the Pachwara South Open Cast Project in Jharkhand through its joint venture NUPPL. The coal block has extractable reserves of 264.84 million tonnes with a normative capacity of 9.00 MTPA, designed to fuel the 3x660 MW Ghatampur Thermal Power Plant in Uttar Pradesh.
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16Dec 25
NLC India Announces Major Green Energy Project to Generate 500 Million Units Annually
NLC India has revealed plans for a significant green energy project aimed at generating approximately 500 million units of renewable energy annually. This initiative marks a crucial step in the company's transition towards sustainable energy solutions and demonstrates its commitment to environmental responsibility. The project is expected to contribute substantially to India's renewable energy capacity and support the country's climate goals and energy security objectives.
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16Dec 25
NLC India Renewables Signs 200 MW Wind Power Agreement With SJVN Limited
NLC India Renewables Limited has entered into a strategic power purchase agreement with SJVN Limited for a 200 MW wind power project, expected to generate 500 million units of green energy annually. This collaboration between two Central Public Sector Enterprises represents a significant step towards India's renewable energy expansion and sustainable power generation goals.
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15Dec 25
NLC India Gets Nod for 110 MW Solar Project in UP
NLC India Limited has received approval for a 110 MW solar power project in Uttar Pradesh. This project is part of the company's strategy to expand its renewable energy portfolio and diversify beyond traditional thermal power generation. The approval aligns with India's transition towards cleaner energy sources and will contribute to Uttar Pradesh's renewable energy targets.
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14Dec 25
NLC India Wins 110MW Solar Project from NCRTC in Uttar Pradesh
NLC India Limited has received a Letter of Acceptance for a 110MW (AC) Grid Connected Solar PV Power Project in Uttar Pradesh. The project, awarded by National Capital Region Transport Corporation Limited (NCRTC), will operate under captive mode with a 25-year Power Purchase Agreement. The scheduled commencement of supply is within 24 months from the PPA's effective date. This contract signifies NLC India's expansion in the renewable energy sector and is not a related party transaction.
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12Dec 25
NLC India Signs Joint Venture Agreement with PTC for 2000 MW Green Energy Development
NLC India Renewables Limited officially signed a Joint Venture Agreement with PTC India Limited on December 12, 2025, at Neyveli, formalizing their partnership to develop renewable energy projects with a total capacity of up to 2000 MW. The collaboration will be implemented in phases, with the first phase targeting around 500 MW, and will encompass solar, wind, hydro, battery energy storage systems, green ammonia, and other emerging green technologies.
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28Nov 25
NLC India Faces Rs 10.85 Lakh Fine for Board Composition Non-Compliance
NLC India Limited, a Navratna Government Enterprise, has been fined Rs 5,42,800 each by NSE and BSE for failing to appoint a women director as per SEBI regulations. The total fine amounts to Rs 10,85,600. NLC India has requested a waiver, citing that as a government company, director appointments are made by the President of India. The company states that the non-compliance was not due to negligence and has no impact on its operations. NLC India continues to communicate with the Ministry of Coal regarding the appointment of required Independent Directors.
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02Nov 25
NLC India Boosts Solar Power Capacity with 106 MW Addition in Rajasthan
NLC India Limited has successfully commissioned an additional 106 MW capacity of its 300 MW solar power project in Barsingsar, Bikaner, Rajasthan. The company received the commissioning certificate from Rajasthan Renewable Energy Corporation Limited on November 2. This brings the total operational capacity of the project to 158.83 MW, following the earlier commissioning of 52.83 MW in August. The project is part of NLC India's efforts to expand its renewable energy portfolio.
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31Oct 25
NLC India Signs Agreement to Transfer 1,430 MW Renewable Energy Assets to Subsidiary
NLC India Limited (NLCIL) has signed a Business Transfer Agreement with its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), to transfer 1,430 MW of renewable energy assets. The agreement, signed on October 31, 2025, involves 7 renewable energy assets, representing 4.59% of NLCIL's revenue and 20.67% of its net worth based on FY 2025 figures. The transaction, approved by NLCIL's Audit Committee, Board of Directors, and the Government of India, will be completed at book value by December 31, 2025. NIRL will pay for the assets through equity shares or debt acknowledgment.
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29Oct 25
NLC India Reports Q2 Revenue Growth Amid Profit Decline
NLC India Limited reported a 14.15% increase in Q2 revenue to ₹41.78 billion, with EBITDA growing to ₹14.00 billion. However, net profit declined by 26.81% to ₹6.66 billion. The company approved investments in renewable energy projects, appointed a new Company Secretary, and secured a ₹1,200 crore loan for refinancing. NLC faces challenges in lignite mining but remains focused on expanding its renewable energy portfolio.
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25Sept 25
NLC India Mourns the Loss of Government Nominee Director Dr. Beela Venkatesan
Dr. Beela Venkatesan, Government Nominee Director of NLC India Limited, passed away on September 24, 2025. The company informed stock exchanges of her demise, describing it as an 'irreparable loss'. NLC India also announced the closure of the trading window for insiders from September 30, 2025, until 48 hours after the declaration of Q2 and H1 FY2026 results.
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16Sept 25
NLC India Receives Mining Block Letters of Intent, Continues Focus on Rare Earths and Renewable Energy
NLC India Limited has received Letters of Intent for two mining blocks in Chhattisgarh. The company is strategically shifting focus to rare earths and renewable energy integration. NLC India has become the first Central Public Sector Enterprise in India to receive the IPMA Delta Certification – Level 3, recognizing its project management excellence.
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15Sept 25
NLC India Achieves IPMA Delta Certification and Partners with KABIL for Global Mineral Projects
NLC India Ltd has become the first Central Public Sector Enterprise in India to achieve IPMA Delta Certification - Level 3 (Standardized), recognizing its project management excellence. The company has also signed an MoU with Khanij Bidesh India Ltd (KABIL) to collaborate on global critical mineral projects, aiming to strengthen India's position in the international minerals market.
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11Sept 25
NLC India Inks MoU with Khanij Bidesh India for Global Critical Minerals Collaboration
NLC India Limited (NLCIL) signed an MoU with Khanij Bidesh India Limited (KABIL) on September 10, 2025, to collaborate on identifying, acquiring, and developing critical and strategic mineral projects globally. This partnership aligns with the Indian government's initiative to encourage public sector enterprises to acquire critical mineral assets. NLCIL, primarily known for lignite mining and power generation, is diversifying into the critical minerals and rare earth elements sector. The collaboration aims to strengthen India's position in the global critical minerals market and enhance the country's self-reliance in strategic resources.
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27Aug 25
NLC India Commissions 52.83 MW Solar Project Phase, Reports 42.7% Profit Surge
NLC India Limited has commissioned the first phase (52.83 MW) of its 300 MW solar power project in Rajasthan. The company's quarterly results show a 42.75% year-over-year increase in net profit to ₹798.00 crore, and a 13.26% rise in revenue to ₹3,826.00 crore. However, EBITDA declined by 13.59% to ₹935.00 crore, with the EBITDA margin contracting to 24.44%. The company's shares rose 1.51% to ₹236.04 following these developments.
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26Aug 25
NLC India Commissions 52.83 MW Solar Power Project in Rajasthan
NLC India Limited has successfully commissioned the first phase of its 300 MW Solar Power Project in Barsingsar, Rajasthan. The initial 52.83 MW capacity was declared commercially operational on August 26, 2025, as confirmed by the Commissioning Certificate from Rajasthan Renewable Energy Corporation Limited. This marks a significant milestone in NLC India's expansion into solar power generation, diversifying its energy portfolio beyond traditional lignite mining and thermal power.
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07Aug 25
NLC India Reports 48% PAT Growth and Major Project Milestones in Q1
NLC India Limited reported strong Q1 financial results with a 48.09% increase in Profit After Tax to Rs. 839.21 crore. Revenue from operations grew 13.25% to Rs. 3,825.61 crore. The company achieved significant operational milestones, including the dedication of NUPPL's 660 MW Unit 1 at Ghatampur Thermal Power Station and securing new projects in renewable energy. NLC India was declared the preferred bidder for phosphorite and limestone blocks in Chhattisgarh. The Cabinet Committee on Economic Affairs approved a Rs. 7,000 crore investment in NLC India Renewables Limited. The company exceeded its capital expenditure target, achieving Rs. 1,925.62 crore, 113% of the target for the quarter.
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31Jul 25
NLC India Executive Director Shri Prabhu Kishore Kavuru Retires Upon Superannuation
Shri Prabhu Kishore Kavuru, Executive Director at NLC India Limited, has retired from his position on July 31, 2025, upon reaching the age of superannuation. The company, a 'Navratna' Government of India Enterprise, has officially notified the National Stock Exchange of India Ltd. and BSE Ltd. about this change in senior management, in compliance with SEBI regulations.
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27Jul 25
NLC India Ventures into Global Critical Minerals Market Amid China's Export Restrictions
NLC India, a Navratna PSU, is actively seeking overseas opportunities to secure critical minerals, including preliminary talks for lithium blocks in Mali and copper and cobalt mines in the Republic of Congo. The company aims to produce one million metric tonnes of critical minerals over five years, combining domestic and international sources. NLC India has already acquired two critical mineral blocks in Chhattisgarh's Balod district. This strategic move responds to global supply chain challenges, particularly China's export restrictions on rare earth elements.
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23Jul 25
NLC India Secures Critical Mineral Blocks in Chhattisgarh, Eyes Rare Earth Mining
NLC India acquired two mineral blocks in Chhattisgarh, targeting 1 million tons of critical mineral production by 2030. The company is exploring rare earth mining opportunities and plans to launch an IPO for its subsidiary, NLC India Renewables Limited (NIRL), in the first half of FY27.
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23Jul 25
NLC India Seeks ₹50,000 Crore Investment to Reach 10 GW Capacity Goal
NLC India has announced plans to secure ₹50,000 crore in funding to expand its power generation capacity to 10 GW. This ambitious expansion strategy aims to strengthen the company's position in India's energy sector. The substantial funding requirement highlights the capital-intensive nature of the power generation industry and raises questions about NLC India's funding strategy. The move aligns with broader industry trends focusing on expanding clean energy capacities to meet growing demand and sustainability goals.
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16Jul 25
NLC India Eyes Expansion into Renewable Energy Sector
The Cabinet Committee on Economic Affairs (CCEA) is considering approving NLC India's expansion into the renewable energy sector. This potential diversification move would allow the state-owned company to broaden its portfolio beyond its current operations. The expansion aligns with India's push towards clean energy and could enhance NLC India's competitive position in the evolving energy landscape. The final decision and its implications are yet to be announced.
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14Jul 25
NLC India Explores Lithium Sourcing Opportunities with Russian Company
NLC India Ltd., a Navratna company under the Ministry of Coal, is reportedly discussing lithium sourcing opportunities with an unnamed Russian company. This move could diversify NLC India's portfolio beyond coal and align with global clean energy trends. The potential deal's specifics, including the Russian company's identity, agreement scope, quantities, and timelines, remain undisclosed. This venture could help NLC India position itself in the growing lithium market, crucial for electric vehicle batteries and renewable energy storage systems.
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13Jul 25
NLC India Unveils Ambitious Rs 1.25 Lakh Crore Expansion Plan, Eyes 20 GW Capacity by 2030
NLC India announces a Rs 1.25 lakh crore investment plan to expand its power generation capacity from 6.7 GW to 20 GW by 2030. The plan allocates Rs 65,000 crore for renewables, Rs 45,000 crore for thermal, and Rs 15,000 crore for mining. The company is also diversifying into international consulting and critical mineral mining. NLC India Renewables Limited, a subsidiary, is expected to launch an IPO in the current fiscal year.
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07Jul 25
NLC India Board Approves ₹1,630.9 Crore Investment in Renewable Subsidiary
NLC India Limited's board has approved a ₹1,630.90 crore investment in its wholly owned subsidiary, NLC India Renewables Ltd. The company also plans to borrow $100 million equivalent in Japanese Yen for renewable project funding. This move aims to expand NLC India's renewable energy operations, diversify its portfolio, and strengthen its market position in the sustainable energy sector.
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23Jun 25
NLC India Subsidiary Secures 250 MW/500 MWh Battery Energy Storage Projects
NLC India's subsidiary has received a Letter of Acceptance (LOA) for three standalone Battery Energy Storage System (BESS) projects with a combined capacity of 250 MW/500 MWh. This move signifies the company's expansion in the renewable energy sector and its commitment to adopting advanced energy technologies. The projects align with India's growing focus on renewable energy integration and grid stability, potentially opening new revenue streams for NLC India in the power sector.
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28May 25
NLC India Secures Preferred Bidder Status for Mineral Blocks in Chhattisgarh, Shares Rise
NLC India Ltd., a Navratna PSU, has been declared the preferred bidder for two mineral blocks in Chhattisgarh's Balod district: the Semhardih Block and the Raipura Phosphorite and Limestone Block. Following this announcement, NLC India's shares rose by up to 3.00%. This acquisition expands NLC India's mineral portfolio, potentially opening new revenue streams and strengthening its presence in Chhattisgarh.
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28May 25
NLC India Secures Preferred Bidder Status for Critical & Strategic Mineral Blocks
NLC India Limited, a Navratna PSU, has been declared the preferred bidder for critical and strategic mineral blocks in an e-auction by the Ministry of Mines. This marks a significant diversification effort for the company, potentially expanding its portfolio beyond lignite mining and power generation. The move aligns with India's goal to enhance domestic mineral production and reduce import dependence. While specific details about the mineral blocks are undisclosed, this development could diversify NLC India's resource base and strengthen its position in the mining sector.
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20May 25
NLC India Reports Strong Q4 Results, Announces Corporate Actions and Dividend
NLC India Ltd, a Navratna company under the Ministry of Coal, reported a consolidated net profit of ₹482.00 crore for Q4, up 322.8% year-over-year. Revenue increased by 8.3% to ₹3,836.00 crore. The company announced a final dividend of ₹1.50 per equity share. Strategic actions include forming a joint venture with RVUNL for a thermal power station, commencing commercial operation of Ghatampur Unit-I (660 MW), acquiring two coal blocks (Machchakata and New Patrapara), and signing an MoU with DVC for coal supply.
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19May 25
NLC India Expands Coal Projects and Power Generation Capacity
NLC India Limited (NLCIL) has secured new coal projects including the New Patrapara Coal Mine (12 MTPA) and Machchakata Coal Block (30 MTPA). The company signed an MOU with DVC for 2.0 MTPA coal supply. NLCIL also declared commercial operation of Ghatampur Unit-I with 660 MW capacity, significantly expanding its power generation capabilities.
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19May 25
NLC India: Q4 Profit Soars 323%, Declares Dividend
NLC India Ltd. has reported impressive Q4 FY2023 results with a 323% increase in net profit to ₹482.00 crore and an 8.3% rise in revenue to ₹3,836.00 crore. The company's board has recommended a final dividend of ₹1.50 per equity share. Additionally, NLC India has approved a new joint venture with RVUNL for a lignite-based power project, aiming to expand its power generation capacity.
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07May 25
NLC India Signs PPA for 810 MW Solar Project, Expands into Critical Minerals
NLC India's subsidiary signed a PPA for an 810 MW solar project in Rajasthan, expected to generate 2 billion units of green electricity annually. The company also entered an MoU with IREL (India) Ltd to develop critical mineral assets and rare earth elements, diversifying its operations beyond traditional coal and lignite.
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06May 25
NLC India Forges Strategic Partnership with IREL for Critical Mineral Development
NLC India Limited, a Navratna company under the Ministry of Coal, has signed an MoU with IREL (India) Limited to explore and develop critical mineral assets. The partnership covers mining, excavation, and refining of mutually agreed assets, marking NLC India's diversification from its traditional coal mining and power generation operations. This collaboration between two government entities highlights India's focus on securing critical mineral resources for technological and industrial growth.
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06May 25
NLC India's Subsidiary Secures Massive 810 MW Solar Project in Rajasthan
NLC India Ltd's subsidiary, NLC India Renewables Ltd (NIRL), has signed a Power Purchase Agreement for an 810 MW solar project at Pugal Solar Park in Rajasthan. This marks NIRL's largest solar venture to date, significantly expanding NLC India's renewable energy portfolio. The project aligns with India's clean energy goals and demonstrates the company's commitment to sustainable energy solutions.
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10Mar 25
NLC India Approves USD 200 Million External Commercial Borrowing with Green Shoe Option
NLC India's board has granted in-principle approval for an external commercial borrowing (ECB) of up to USD 200 million, with a green shoe option for an additional USD 200 million. The decision was made during a board meeting on March 10, 2025. While the specific use of funds is not disclosed, ECBs are typically used for expansion projects, refinancing, working capital, or technology upgrades. The company has informed the National Stock Exchange and BSE of this development in compliance with SEBI regulations.
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02Mar 25
NLC India Secures 200 MW Wind Power Project, Bolstering Its Renewable Energy Portfolio
NLC India Limited (NLCIL) has been awarded a 200 MW wind power project by SJVN Limited, expanding its renewable energy portfolio. The project, with a tariff of ₹3.74 per kilowatt-hour, is expected to generate 526 million units of clean energy annually. This addition brings NLCIL's total wind power capacity to over 300 MW, aligning with India's National Green Energy Policy and the goal of 500 GW non-fossil fuel capacity by 2030. NLCIL aims to achieve 10 GW of renewable energy capacity by 2030 and is investing in various green energy initiatives.
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02Mar 25
NLC India Secures 200 MW Wind Power Project, Bolstering Renewable Energy Portfolio
NLC India Limited (NLCIL) has been awarded a 200 MW wind power project by SJVN Limited, marking a significant step towards its 10 GW renewable energy capacity target by 2030. The project, secured at a competitive tariff of ₹3.74 per kWh, is expected to generate 526 million units of clean energy annually. This acquisition increases NLCIL's total wind power capacity to over 300 MW and aligns with India's national green energy policy and the government's target of 500 GW non-fossil fuel capacity by 2030. NLCIL is also investing in solar, hybrid power, battery storage, and green hydrogen initiatives as part of its broader renewable energy strategy.
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NLC India
251.50
+3.45
(+1.39%)
1 Year Returns:+19.00%
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