NLC India Limited formerly Neyveli Lignite Corporation Limited was incorporated on 14th November of the year 1956 as a private limited company under the house of Government of India (GOI). It went to public in 7th March of the year 1986. The main core activity of NLC is lignite excavation and power generation using lignite excavated. NLC is having three lignite mines of total capacity of 28.5 Million Tonnes per Annum at Neyveli Tamil Nadu and one open cast lignite Mine of capacity 2.1 Million Tonnes per Annum at Barsingsar Rajasthan. The company has five pithead Thermal Power Stations with an aggregate capacity of 3240 MW. Further NLC has also so far installed 17 Wind Turbine Generators of 1.50 MW each aggregating to 25.5 MW thereby increasing the overall power generating capacity to 3265.50 MW. NLC forayed into renewable energy sector with inauguration of a 10 MW Solar Photo Voltaic power plant in Neyveli thereby increasing the overall power generating capacity to 3275.50 MW.In the year 1986 a supplementary feasibility report for first mine expansion and a report on setting up a Power Station of 2 x 210 MW were submitted to the Government of India. The Company along with Engineers India Ltd had entered into a contract with Gujarat Mineral Development Corporation for monitoring expansion of Panandhro mine including construction supervision Cost monitoring inspection and approval of drawing etc. The 400 KV transmission system viz. 400 KV line between Neyveli-Chennai 400 KV line between Neyveli-Pondicherry along with the switching stations/sub-stations were commissioned in the year 1987. In the year 1988 an agreement was entered into with ICB of India for the preparations of the techno feasibility report for revamping the urea plant in consultation with the original supplier viz. Technimont Italy. Four electro static precipitators were erected and commissioned in thermal power station-I during the year of 1990. In the same year of 1990 the 170 Km. long Neyveli-Salem second circuit 400 KV line was commissioned and also the second 315 MVA transformer at Udamalpet sub-station was also commissioned. During the year 1993 a contract was signed with M/s. PDIL Sindri for installation & Commissioning of an efficient treatment plant for the fertilizer factory. Two Electro Static precipitators of the company were commissioned in Boiler-4 and 7A in the period of 1995. During the year 1996 the company had received a sanction for the addition of 2 units of 210 MW each in thermal power station-I and also in identical year Bucket wheel excavator was released for rejuvenation works. The Corporation had take up a sizeable equity stake in the 250 MW lignite-based power project in the year 1998 being established at Srimushnam in the state by Tamil Nadu Industries Captive Power Company Ltd (Ticapco) a subsidiary of BSES Ltd. NLC had entered into an agreement with ST-CMS an US power generating private company in the year 1999 to set up a 250 mw thermal power station here and to supply lignite. In the year 2000 the company had transferred its Power Transmission System to Power Grid Corporation of India Ltd. Power Finance Corporation (PFC) has committed to extending a loan of Rs 1000 crore to the Neyveli Lignite Corporation (NLC) for its Mine-II and TPS-II expansion project in the year 2001. During the year 2002 NLC had signed a MoU with Rajasthan government to set-up a lignite-based thermal power station at Barsinger in Bikaner district and also in the same year the company had unveiled two new units (the first 210-MW unit of TPS-1 and the fourth overburden system of Mine-1A project). The Company had entered into MOU with Tamil Nadu Electricity Board for setting up of 100 MW Thermal Power Station in the year 2003 at Tuticorin in Tamil Nadu. During the year 2004 NLC bagged an ISO quality certification and made a tie up with the Oil & Natural Gas Corporation Ltd (ONGC). The company had entered into a MoU with Rural Electrification Corporation in the year 2005 for funds up to Rs 2500 crore and also in the same year made a Joint Venture agreement with Tamil Nadu Electricity Board. During August of the year 2006 the corporation had signed a MOU with the Government of Gujarat for establishing an integrated Lignite Mine of 8 million tones per annum linked to power project of 1000 Mega Watt in South Gujarat in First phase to be enhanced to 1500 Mega Watt in second phase with linked mine capacity of 12 million tones per annum at a cost of Rs.7500 crores. As at July 2007 the company had entered into a joint venture agreement (JVA) with Mahanadhi Coal Fields a subsidiary of Coal India and Hindalco Industries for developing and mining Talabira II & III coal blocks.On 15 May 2008 Neyveli Lignite Corporation informed the stock exchanges that the Government of India has accorded approval for development of 1000 MW coal based Thermal Power Project (2 X 500 MW) at Tuticorin Tuticorin District Tamilnadu State at a capital cost of Rs 4909.54 crores through the Joint Venture Company named NLC Tamilnadu Power Ltd formed jointly by Neyveli Lignite Corporation Ltd (NLC) and Tamilnadu Electricity Board (TNEB).The Board of Directors of Neyveli Lignite Corporation at its meeting held on 26 October 2009 accorded approval for the proposal for setting up of a 50 MW capacity Wind Power Project in the State of Tamil Nadu and also for proceeding with the issue of tenders for setting up of the above project on total turnkey basis and the placement of order for setting up of the above project will be made with the approval of the Board after evaluation of the final project cost.On 2 December 2010 Neyveli Lignite Corporation Ltd has informed the stock exchanges that the Company has entered to a Memorandum of Understanding with Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. (UPRVUNL) for setting up a 2000 MW coal based Thermal Power Plant in Ghatampur Teshil of Kanpur Nagar District in the State of Uttar Pradesh with an equity participation of 51% by NLC and 49% by UPRVUNL.Unit-I of Neyveli Lignite Corporation's Barsingsar Thermal Power Plant was dedicated to the nation on 5 June 2010. The Thermal Power Plant of 250 MW capacity (two units of 125 MW each) built at a total cost of about Rs 1626 crore. The fuel linkage is from the captive mine of capacity 2.1 MTPA and the raw water requirement is arranged through Indira Gandhi Nahar Pariyojana. The salient feature of this thermal power plant is that for the first time in India Circulating Fluidised Bed Combustion (CFBC) boilers ore installed for lignite fired Thermal Power Plant. These boilers are eco-friendly in minimizing the emission of sulphur dioxide a dangerous pollutant. The 125 mtrs tall bi-flue chimney conforms to the pollution control norms.In 2011 Neyveli Lignite Corporation was conferred the Navratna status.On 2 January 2012 Neyveli Lignite Corporation Ltd informed the stock exchanges that with effect from 00.00 hours of 29 December 2011 the Unit-I of Barsingsar Thermal Power Station (125 MW) has been declared for commercial operation. On 23 January 2012 Neyveli Lignite Corporation Ltd informed the stock exchanges that with effect from 00.00 hours of 20 January 2012 the Unit-II of Barsingsar Thermal Power Station (125 MW) has been declared for commercial operation. On 28 March 2012 Neyveli Lignite Corporation signed with State Bank of India a rupee term loan agreement for Rs 2500 crore for its Neyveli new thermal power station (2x500 MW). On 8 October 2012 Neyveli Lignite Corporation Ltd informed the stock exchanges that pursuant to Ministry of Coal Government of India letter dated 24 April 2012 Joint Venture Agreement has been entered into between Neyveli Lignite Corporation Ltd (NLC) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) on 6 October 2012 for setting up a 1980 MW coal based thermal power project in Ghatampur Tehsil Kanpur Nagar District Uttar Pradesh with a shareholding of 51% of the equity by NLC and 49% by UPRVUNL. On 5 July 2013 Neyveli Lignite Corporation announced that the Union Ministry of Coal has allocated 2 coal blocks to NLC for implementing its power projects.On 25 February 2015 Neyveli Lignite Corporation announced that Unit I of NLC Tamilnadu Power Limited the subsidiary of the company has been test synchronized with the grid on 18 February 2015.The Board of Directors of Neyveli Lignite Corporation at its meeting held on 23 March 2015 approved the investment decision to set up Bithnok Lignite mine cum thermal power project at a cost of Rs 2700 crore. The Board also approved to establish Barsingsar Thermal Power Station Extension and lignite mine at Hadla at a cost of Rs 2628 crore.On 9 April 2015 Neyveli Lignite Corporation Ltd announced that Unit II (500MW) of Tuticorin Power Project of NLC Tamilnadu Power Limited the subsidiary of the company has been test synchronized with the Grid on 9 April 2015.On 21 April 2015 Neyveli Lignite Corporation announced that that Unit I (250MW) of Thermal Power Station -II Expansion Project (2x250 MW) at Neyveli which is the nation's first project of this size with Circulating Fluidised Bed Combustion (CFBC) Boiler technology has been successfully declared for commencement of commercial operation with effect from 00.00 Hours on 22 April 2015.On 6 July 2015 Neyveli Lignite Corporation informed the stock exchanges that Unit II (250MW) of Thermal Power Station-II Expansion Project (2x250 MW) at Neyveli which is the nation's first project of this size with Circulating Fluidised Bed Combustion (CFBC) Boiler technology has been successfully declared for commencement of commercial operation with effect from 00.00 Hours on 5 July 2015. With commissioning of this unit the TPS-II Expansion Project (500 MW) is put into commercial operation.Neyveli Lignite Corporation's 10 MW solar power project at Neyveli was inaugurated on 28 September 2015. This is the first renewal energy project of the company. On 23 February 2016 Neyveli Lignite Corporation Ltd informed the stock exchanges that the Ministry of Coal has conveyed the allotment of Talabira-II & III Coal Mines in the State of Odisha by the Competent Authority in order to meet the coal requirements for the power projects of its subsidiary companies viz. NLC Tamilnadu Power Limited (5 MTPA) Neyveli Uttar Pradesh Power Limited (10MTPA) and Sirkali Power Project (20MTPA). On 11 August 2016 NLC India announced that it has entered into a Joint Venture Agreement (JVA) with Damaodar Valley Corporation (DVC) for formation of a Joint Venture Company (JVC) to acquire the 1200 MW (2x600 MW) Raghunathpur Thermal Power Project (RTPP) of Damaodar Valley Corporation (DVC) at a consideration value being the project cost as recognised by CERC/Appellate Authorities for arriving at the final power tariff. As per the joint venture agreement NLC India will be holding 74% of the equity share capital in the JVC and the balance by DVC.The Board of Directors of NLC India at its meeting held on 31 January 2017 unanimously approved a proposal for the buy-back of 15.06 crore equity shares representing 8.98% of the total number of equity shares in the paid-up share capital of the Company from the shareholders of the Company through the tender offer route. The Board of Directors noted the intention of the Promoter of the Company to participate in the proposed Buyback.On 1 February 2017 NLC India announced its plan to install 500 MW solar power plants for Rs 2170 crore at various places in Tamil Nadu. On 1 January 2018 NCL India announced the commissioning of its prestigious 130 MW solar power project at 33/110 KV Pooling Substation at Neyveli.During the year 2017-18 the Government of India (GOI) disinvested 5.025% of shares held in the company through Offer for Sale (OFS) and further transferred 0.26% shares to Bharat 22 ETF.On 30 May 2018 NLC India Limited (NLCIL) and NMDC Limited signed a Memorandum of Understanding (MoU) with Environmental Clean Technologies Limited (ECT) for the largest-ever joint R&D collaboration between Australia and India. The Project aims to jointly setup an integrated Coldry-Matmor pilot plant in India which will develop a low emission Iron and Steel process. The agreement sees the commencement of the next stage of development for ECT's two proprietary technologies Matmor which is the world's first and only lignite (brown coal)-based primary iron making technology and Coldry a unique zero-emission lignite upgrading technology capable of producing a solid fuel for use in power generation and Industrial thermal applications. Coldry solid fuel is significantly less CO2 intensive than lignite. The project entails two phases commencing with an AUD 35 million R&D phase funded by the Indian partners which aims to scale-up ECT's Matmor and Coldry technologies to deliver an integrated pilot plant capable of producing about 2 tonnes of metal per hour. Following successful R&D outcomes phase two involves commercial expansion targeting an integrated steel making facility with a proposed capacity of 500000 tonnes per annum and an estimated cost of AUD 300 million. The partners will then assess opportunities for global commercial expansion based on market assessment at that time.On 13 June 2018 NLC India Limited announced that it has joined the league of Accredited Power Traders in the country with CERC granting it Category I Licence for power trading. The company plans to carry out the trading activity through an exclusive power trading arm for trading power by procuring power from other GENCOS through bilateral agreements. The trading of surplus power in the market will pave the way for effective utilization of generating capacity of GENCOS by catering to needy procurers by utilizing the surrendered/surplus power which otherwise would have gone waste.During the quarter ended 30 June 2018 the company commissioned 200 MW of Solar Power to its existing renewable portfolio.