NLC India signed a JV agreement with NALCO to develop a 1,080 MW thermal power plant in Odisha. Both entities will hold equal 50:50 equity in the new venture.
Value
₹5,400 Cr
Execution
25 years for fuel supply and power purchase agreements
NLC India and NALCO formed a 50:50 JV for a 1,080 MW captive thermal power plant in Odisha. This strategic move aims to ensure long-term power supply for industrial expansion.
NLC India was fined by stock exchanges for corporate governance non-compliance. The board is coordinating with the Ministry of Coal to appoint independent directors.
NLC India's subsidiary secured a Letter of Award for 600 MW solar projects in Uttar Pradesh. Estimated at ₹3,000 Crore, the project expands its renewable portfolio.
NLC India submitted a security cover certificate for its NCDs totaling Rs. 2107.14 Crore. The statutory auditors confirmed full compliance with all financial covenants.
NLC India Ltd won a preferred bidder status for a critical mineral block auction. This secures access to strategic vanadium, titanium, and aluminous laterite resources.
NLC India's JV commissioned Unit-3 (660 MW) at Ghatampur, fully operationalizing the 3x660 MW station. This adds 660 MW to the group's capacity, now at 8405 MW.
NLC India Ltd is named preferred bidder for Vanadium, Titanium & Aluminous Laterite block in Telangana's mineral auction. This positions the company for potential strategic mining assets.
NLC India signed an MoU with CSIR-CECRI to collaborate on critical mineral extraction technologies. The partnership focuses on recovering Rare Earth Elements from mine tailings.
NLC India's promoter, the Government of India, is exercising an oversubscription option in its Offer for Sale. This increases the total divestment to 3% equity.
NLC India appointed Shri Anil Meshram as Part-time Official Director, replacing Shri Mangat Ram Sharma. The change follows a nomination by the Ministry of Coal.
NLCIL delivered a strong FY26 with consolidated PAT growing 39% to ₹3,769 Cr. Strategy focuses on balancing thermal capacity with a target of 50:50 thermal-renewable mix by 2030.
NLC India Limited announced the retirement of Shri M Venkatachalam, Director (Power), effective May 31, 2026. Shri Rajesh Pratap Singh Sisodia assumes additional charge of the role.
NLC India confirmed payment of ₹119.33 Crore interest for its listed debentures on May 29, 2026. The timely payment demonstrates consistent debt service compliance.
NLC India received fines totaling ₹0.11 Crore from BSE and NSE for board composition non-compliance. The company is seeking a waiver citing government-controlled director appointment powers.
NLC India's subsidiary incorporated a 74:26 joint venture with NCRTC for grid-connected solar power projects. The move expands the company's renewable energy footprint.
NLC India delivered a strong FY26 with record coal production and revenue, shifting focus from pure lignite to a diversified coal and renewable energy major.
NLC India reported record FY26 financials with Revenue at ₹17,490 Cr and PAT at ₹3,769 Cr. The strategy shifts toward aggressive renewable expansion and critical mineral diversification.
NLC India signed an MoU with NPCIL to form a joint venture for nuclear power development. This partnership targets India's 100 GW nuclear capacity goal by 2047.
NLC India's board approved the appointment of cost and internal auditors for twelve months. This routine governance update ensures statutory compliance and audit oversight.
NLC India reported record FY2025-26 group revenue of ₹17,490 Crore and PAT of ₹3,769 Crore. Robust performance was driven by all-time high coal production and capacity additions.
NLC India reported audited standalone and consolidated financial results for FY 2025-26. The board recommended a final dividend of 2.50% to shareholders.