The state-run miner plans to award a pilot project for extracting rare earth elements from fly ash within two months, potentially opening a new domestic source of critical minerals
NLC India informed the exchanges that it has been declared the preferred bidder for the Parvathapur Vanadium, Titanium & Aluminous Laterite Block in Sangareddy, Telangana
NLC India slipped 3.7 per cent after the government exercised the oversubscription option in the ongoing OFS, taking the total offer size to 4,15,99,098
The Government of India, acting through the Ministry of Coal, will sell up to 3 per cent of its stake in NLC India through an OFS on BSE and NSE on June 9 and June 10, 2026
In the March quarter (Q4FY26), NLC India reported a 189 per cent increase in net profit to ₹1,393.46 crore, as compared to ₹481.96 crore a year ago.
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NLC India Limited has signed a non-binding MoU with the Government of Gujarat to develop large-scale renewable energy projects across the state
NLC India share price rose to the highest level since November, 2025 in Friday's session so far.
Elara prefers regulated public-sector utilities such as NTPC and Power Grid Corporation, citing assured returns from regulated assets and a strong capacity-addition pipeline
Around 10:40 AM, NLC India share price continued to trade higher at ₹259.90, up about 1.3 per cent. In comparison, BSE Sensex was trading 0.27 per cent higher at 81,769.70 levels.
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NLC India Ltd (NLCIL) is in an advanced stage of procurement of electrolysers for its 4 MW green hydrogen pilot project in Neyveli, Tamil Nadu, its Chairman and Managing Director (CMD) Prasanna Kumar Motupalli said. The pilot project aligns with the National Green Hydrogen Mission, which aims to position India as a global hub for green hydrogen production and technology. "NLCIL is advancing a 4 MW Green Hydrogen pilot project at Neyveli, using solar power as the input... It is in an advanced stage of procurement of electrolysers," he said in a latest report on Friday. The plant will have the capacity to produce 300 kg of hydrogen per day of 99.999 per cent purity and will operate during the day. He further said that on commissioning, this will position NLCIL among the early movers in the country's green hydrogen economy, paving the way for large-scale adoption in future. NLC India Ltd, a Navratna PSU, is committed to address the nation's energy needs through sustainable and ...
State-owned NLC India Ltd is exploring possibilities to source rare earth element from overseas and the company has also begun preliminary talks for lithium blocks in Mali, West Africa and for copper and cobalt mines in the Republic of the Congo, its CMD Prasanna Kumar Motupalli said. The remarks came amid China's recent curbs on exports of rare earth elements, impacting the global supply chain of the critical mineral which has diverse usage ranging from the manufacturing of home appliances to electric vehicles. In an interview to PTI, Motupalli said that both mines and coal ministries have very clearly communicated to the Navratna firm to "aggressively" explore and mine both critical mineral blocks and rare earth elements. "We are in touch with the Ministry of Mines and Ministry of Coal, and based on the advice from them we have started taking initial steps of some of the mines abroad. So as on date we are studying some lithium mines in Mali and copper and cobalt mines in the ...
NIRL, the renewable energy arm of state-owned NLC India, is expected to go public in the second quarter of the next financial year to raise around Rs 4,000 crore to part fund its expansion plans, a top official of the company said. In an interview to PTI, Chairman and Managing Director (CMD) of NLC India Ltd (NLCIL) Prasanna Kumar Motupalli said that the public sector enterprise is targeting to ramp up its renewable energy capacity from the current 1.4 GW to 10 GW by 2030 and the company plans to raise Rs 4,000 crore through initial public offering (IPO) route. The company plans to file draft papers with markets regulator SEBI in the first quarter of 2026-27. "We are targeting Rs 4,000 crore through IPO route...So by September we will be in a position to ramp up our renewable assets through NIRL and by March 2026 we will be able to complete the legal and the financial due diligence and in the first quarter of 2026-27 we will be going for DRHP through the SEBI," the CMD explained. N
State-run NLC India is at an advanced stage of discussions with a Russian government-owned company for sourcing lithium from its mine in Africa. The development assumes significance as India is taking measures to ensure a stable supply of lithium to meet the country's clean energy demand. Sources privy to the development said that NLC India is in talks with a public sector company of Russia for equity participation in a lithium block in Mali, Africa. India is focusing on exploring and developing lithium blocks both in the domestic market and overseas, as the demand for this critical mineral is growing, particularly from electric vehicle battery manufacturers. NLC India's core business includes the mining of coal and lignite as well as power generation. The PSU has diversified into the renewable energy and coal mining business in India and abroad. The company had bagged two critical and strategic mineral blocks in the fifth round of auction. It won two phosphorite and limestone blo
The NLC India Renewables Ltd, a subsidiary of NLC India, has received the Letter of Award (LoA) from the state government backed Tamil Nadu Green Energy Corporation Ltd for the development of three standalone Battery Energy Storage (BES) systems in the state. This is the first large-scale BES system project to be undertaken by NLCIL Group and marks a major milestone, the Tamil Nadu-based company said. The projects would be implemented under the Build-Own-Operate model with Viability Gap Funding support, NLC India said in a press release on Sunday. Each project with an aggregate capacity of 250MW/500MWh would be established at 400/230/110 kV Ottapidaram Sub Station, Tuticorin, 400/230/110 kV Anuppankulam Sub Station in Virudhunagar district and 400/230/110 kV Kayathar Sub Station, Tuticorin in the state. The company had bagged the projects through a 'competitive bidding process', it added.
The auction saw 10 out of 15 critical mineral blocks successfully bid for, including potash, halite, graphite, REE, and vanadium blocks across several states
NLC India share rose on the back of a strong quarter earnings. The company reported its Q4FY25 results on May 19, post market hours.
Despite a dip in mining income and other revenue, NLC India's Q4 profit surged as power revenue grew 9% year-on-year and the board proposed a ₹1.50 per share dividend
Nifty surpassed the key resistance levels of the previous swing high of 22,676 and the 20-day SMA, which was positioned near 22,550