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
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NLC India Limited has informed the Exchange about BRSR Report for FY 2025-26
NLC India's subsidiary, NIRL, won a GUVNL tender to develop a 275 MW / 550 MWh Battery Energy Storage System in Gujarat. This expands the company's renewable energy portfolio.
NLC India is hiving off 708.96 MW of Renewable Energy assets, including a 4 MW Green Hydrogen Project, to its wholly-owned subsidiary, NIRL. These assets represent 0.24% of company revenue and 4.30% of net worth (Rs 925.08 Cr). This internal transfer aims to streamline RE operations.
NLC India's subsidiary, NIRL, formed a 51:49 Joint Venture with OREDA, "NIRL OREDA RENEWABLES LIMITED," to set up green energy power plants. This move significantly expands NLC's renewable energy presence.
NLC India received Letters of Intent for Composite Licences for Govindpur and Parvathapur Vanadium, Titanium & Aluminous Laterite Blocks in Telangana. This secures key mineral assets, enhancing future operational scope.