NLC India Limited
NLC India is engaged in the business of mining of lignite and generation of power by using lignite as well as Renewable Energy Sources
What NLC files
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- Important91
- Updates87
- Board Meeting31
- Investor Meet23
- Credit Ratings15
NLC India has announced a board meeting. The company secured USD 100 million via External Commercial Borrowing for capex across thermal, mining, and diversification projects. The board also approved a record date for final dividend payout.
NLC India's subsidiary NIRL formed a 51:49 JV, NIRL OREDA RENEWABLES, with OREDA to set up Green Energy Power Plants. This marks a strategic expansion in the renewable energy sector.
NLC India secured LoIs for Composite Licences for two critical mineral blocks (Vanadium, Titanium, Aluminous Laterite) in Telangana. This follows their preferred bidder status in the national auction, marking a significant step in resource development and future growth.
NLC India formed a 50:50 Joint Venture with NALCO to develop a 1,080 MW coal-based thermal power plant in Angul, Odisha. This plant will meet NALCO's 0.5 MTPA Aluminium Smelter Expansion Project's captive power needs, securing coal from NLCIL for 25 years.
NLCIL and NALCO formed a 50:50 JV to develop a 1,080 MW captive power plant in Odisha. This plant will supply 100% power for NALCO's 0.5 MTPA aluminium expansion project for 25 years, with NLCIL providing coal. Strategic for both.