NLC India Subsidiary Secures Letter of Intent from GUVNL for 900 MW Solar Power Project 5 days ago
NLC India's subsidiary has received a Letter of Intent from GUVNL for a 900 MW solar power project, awarded via a tariff-based competitive bidding process. This order marks a significant addition to NLC India's renewable energy business. GUVNL, a key state-level power procurement body in Gujarat, issued the LoI following a competitive tariff-based selection.
NLC India Records Two NSE Block Trades Totalling Over Rs. 32 Crores
NLC India recorded two NSE block trades in a single session. The first trade was for approximately 404,276 shares at Rs. 380.30, valued at Rs. 15.37 crores. The second trade covered approximately 450,224 shares at Rs. 376.55, amounting to Rs. 16.95 crores. Together, the two transactions accounted for over Rs. 32 crores in combined value.
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.
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.