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Latest news about NLC India

NLC India Faces Rs 10.85 Lakh Fine for Board Composition Non-Compliance 4 days ago

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.

NLC India Boosts Solar Power Capacity with 106 MW Addition in Rajasthan Nov 02, 2025

NLC India Signs Agreement to Transfer 1,430 MW Renewable Energy Assets to Subsidiary Oct 31, 2025

NLC India Reports Q2 Revenue Growth Amid Profit Decline Oct 29, 2025

NLC India Mourns the Loss of Government Nominee Director Dr. Beela Venkatesan Sep 25, 2025

More news about NLC India

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.