Nlc India

Elara bets on NTPC, Power Grid; sees hydro sector on strong long-term path

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

Why did NLC India share price rise 4% in trade today? Key details here

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.

Stocks to watch today, Sep 12: Infosys, SBI, NBCC, Marico, RailTel, IOB

Stocks to watch on September 12: M&M, JSW Energy, GMR Power, Marico, JBM Auto, NLC India and JTL Industries among other stocks to track today.

NLC India in advanced stage of procurement of electrolysers, says CMD

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 ...

NLC India exploring possibilities to source rare earth from overseas: CMD

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 ...

NLC India arm NIRL to go public in Q2FY27; raise ₹4,000 crore: CMD

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

NLC India in advanced talks with Russian govt firm for sourcing lithium

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

NLC India receives Letter of Award from TN Green Energy Corporation

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.

CIL, Hindustan Zinc winners in 5th round of critical mineral block auction

The auction saw 10 out of 15 critical mineral blocks successfully bid for, including potash, halite, graphite, REE, and vanadium blocks across several states

Why did NLC India share price rally 9% on May 20? Key details here

NLC India share rose on the back of a strong quarter earnings. The company reported its Q4FY25 results on May 19, post market hours.

NLC India Q4 results: Net profit rises over three fold to ₹468.36 crore

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

Stocks to buy: Vinay Rajani of HDFC Sec suggests buying these 2 stocks

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

NLC India secures contract of 200 MW wind power project from SJVN

State-owned NLC India Ltd (NLCIL) on Saturday said it has bagged a contract from SJVN Ltd to develop and operate a 200 MW wind power project. The project was secured through an e-reverse auction at a tariff of Rs 3.74 per kWh. "The project is set to generate 526 MU of clean green power each year offsetting an equivalent amount of greenhouse gas emissions," a company statement said. The company has a target to achieve 10 GW renewable energy capacity by 2030. "Winning this 200 MW wind project further strengthens our commitment to sustainable and clean energy solutions... Our investments in renewable energy will play a crucial role in strengthening India's green economy and meeting global climate commitments," Prasanna Kumar Motupalli, Chairman & Managing Director, NLC India Ltd said. The company's renewable energy journey started with its 51 MW wind project in 2013. This winning marks a significant expansion of NLCIL's wind energy portfolio, increasing its total wind power capacity

Stocks to Watch, Feb 5: Swiggy, Tata Power, NLC India, Global Health, RVNL

Stocks to watch on February 5, 2025: Tata Power's Q3 consolidated net profit surged to Rs 1,030 crore, up from Rs 953 crore Y-o-Y. Revenue climbed to Rs 15,400 crore, compared to Rs 14,651 crore

NLC India share jump 12% after profits more than double in Q3 results

NLC India share price jumped 12 per cent at Rs 236.80 a piece on the BSE in Tuesday's intraday trade after NLC India reported strong Q3FY25 results

NLC India up 4% on emerging successful bidder for Patrapara Mine in Odisha

The coal mine block is having a total geological reserve of around 720.87 million tonnes with a peak-rated capacity of 12 million tonnes per annum

Sarda Energy and Minerals, SM Steels bag coal mines on day 2 of auction

These two coal blocks upon operationalisation will generate annual revenue of Rs 339.06 crore calculated at peak rated capacity (PRC) of these mines

ACC, NLC, JSW Energy & others bag five coal mines in 10th round of auction

NLC India Ltd, ACC Ltd, and JSW Energy Utkal Ltd are among the five companies that have bagged five mines on the first day of the tenth round of commercial coal mine auction, according to an official statement issued on Thursday. While ACC Ltd bagged a coal mine in Madhya Pradesh, NLC India Ltd and JSW Energy Utkal Ltd won one block each in Odisha. Two other companies that won coal blocks are Mineware Advisors Pvt Ltd and Shreeji Nuravi Coal Mining and Trading Pvt Ltd. A total of nine blocks been put on sale in the tenth round of auction. "On the first day, five coal mines were put up for auction," the statement issued by the coal ministry said. One of the five coal mines is fully explored while four are partially explored. The total geological reserves for these five coal mines are 2,630.77 million tonnes. Cumulative Peak Rated Capacity for these blocks is 12 MTPA. The government launched the auction of coal mines for commercial mining under the tenth round on June 21. "After

NLC India gains 4% on plans to invest up to Rs 3,720 cr in renewable arm

NLC India said that its board has given a nod to invest up to Rs 3,720 crore, in one or more tranches for the various renewable projects

NLCIL produces 12.34 billion units of green power as it treads RE path

State-owned NLCIL has produced 1,234 crore units of green power, thereby preventing the emission of one crore tonne of carbon dioxide, a coal ministry statement said. Primarily a lignite-based power generating company, NLCIL is targeting 10,000 MW renewable energy capacity by 2030. NLC India Ltd (NLCIL) ventured into renewable energy with 1,380 MW of solar power plants and 51 MW of wind power plants. To achieve the target of 10,000 MW, NLCIL has formed new subsidiaries--NLC India Renewables Ltd (NIRL) to focus on asset monetisation and NLC India Green Energy Ltd (NIGEL) to spearhead clean energy initiatives. Furthermore, NLCIL's membership in the International Solar Alliance (ISA) underscores its commitment to environmental sustainability within the coal sector. With a current renewable energy capacity of 1.4 GW, NLCIL is set to quadruple this figure by 2030. Significant projects are underway in Neyveli (Tamil Nadu), Barsingsar (Rajasthan), Gujarat, and Assam. Last month, NLCIL s