NLC India Ltd Share Price (NLCINDIA)

India Holds 72% Stake in NLC India Ltd - 06 Apr, 2024

The Indian government holds a 72% stake in NLC India Limited, with individual investors owning 18%. Insider ownership is less than 1%, and the general public holds an 18% stake.

NLC India Plans to Sell Renewable Assets and Double Coal Output - 04 Apr, 2024

NLC India is planning to sell nearly 1.4 GW of mostly solar plants for an estimated INR 60 billion ($720 million) and double its coal and lignite output by 2030, according to the company's chairman M. Prasanna Kumar.

NLC India Plans Sale of Renewable Assets - 03 Apr, 2024

State-run coal miner and power producer NLC India Ltd. is planning to sell its renewable assets worth an estimated $720 million, including 1.4 GW of mostly solar plants by the end of this fiscal year. The company has appointed SBI Capital Markets to advise on the transactions.

NLC India Wins Global Environment Award for Sustainable Development Initiatives - 24 Mar, 2024

NLC India Ltd has won the GEEF Global Environment Award 2024 in the mining category for its sustainable development initiatives, including mine reclamation, greenbelt development, air pollution control measures, and social welfare programs. The award was presented during the Global Clean Energy Summit - 2024 held in New Delhi.

NLC India Board to Consider Raising $600 Million in Foreign Currency Loans - 22 Mar, 2024

The board of directors of NLC India Ltd will meet on March 27 to consider raising foreign currency loans up to $600 million through the direct route. The company will also seek external assistance from Multilateral Development Banks for upcoming renewable power projects.

Inox Subsidiary Wins Contract from NLC India - 19 Mar, 2024

I-Fox Windtechnik, a subsidiary of Inox Green Energy Services, has received a work order worth Rs 39.5 crore from NLC India for the restoration of 33 wind turbine generators at its power plant in Tamil Nadu.

NLC India Urged to Focus on Pithead-Based Thermal Projects - 17 Mar, 2024

The Coal Ministry has asked NLC India Ltd to focus on pithead-based thermal projects to reduce transportation costs and improve the availability of dry fuel. The move will also reduce logistics costs and power generation costs, making coal more accessible for usage in power generation.

NLC India Aims for 6 GW Renewable Energy Capacity by 2030 - 13 Mar, 2024

NLC India is aiming to achieve 6 GW of renewable energy capacity by 2030 with an investment of Rs 22,000 crore. State-run coal companies are targeting 9 GW of renewable energy capacity by 2030, which will include NLC India's expansion into Rajasthan and Gujarat.

NLC India Commits to Renewable Energy Expansion - 12 Mar, 2024

NLC India Limited (NLCIL) aims to increase its renewable energy capacity to over 9 GW by 2030. The company has already installed approximately 1700 MW of solar capacity and is exploring pump storage projects (PSPs).

NLC India Signs JV Agreement With Rajasthan Government - 11 Mar, 2024

NLC India signed an MoU with the Rajasthan government for a joint venture to establish a lignite-based power plant and solar power plant worth over Rs. 7,000 crore. The OFS opened for retail investors, proposing to sell up to 6.93 crore equity shares or a 5% stake in the company.

NLC India to Set Up 1125 MW Power Projects in Rajasthan - 10 Mar, 2024

NLC India has signed an agreement with the Rajasthan government for a joint venture to set up two power projects totaling 1125 MW, including a lignite-based plant and a solar power plant, at a cost of Rs 7,000 crore.

NLC India Plans New Power Plants, Receives Recognition at Awards Ceremony - 09 Mar, 2024

NLC India is set to construct a new power plant in Odisha and operationalize another in Uttar Pradesh. Additionally, the company has received recognition for its exemplary performance at a recent awards ceremony.