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NLC India to raise $600 million via ECB, invest ₹994 crore in NLC India Renewables – EQ

In Short – NLC India plans to raise $600 million through External Commercial Borrowings (ECB) and invest ₹994 crore in NLC India Renewables. This investment will enhance its renewable energy portfolio, supporting India’s green energy targets. The funds will be used to expand and develop renewable energy projects, reinforcing NLC India’s commitment to sustainable and […]

Adani Green Energy profit up nearly 95 pc to Rs 629 cr in Q1 – EQ

CERC: seeking approval for revision of Lignite Transfer Price of NLCIL Mines for the period 01.04.2014 to 31.03.2019 on account of truing up – EQ Mag Pro

CERC: seeking approval for revision of Lignite Transfer Price of NLCIL Mines for the period 01.04.2014 to 31.03.2019 on account of truing up on additional capitalization for 2014-19, O&M expenses, Overburden Removal and consequent depreciation and Return on Equity as per Ministry of Coal guidelines dated 02.01.2015 on fixation of Transfer Price of Lignite. For […]

eRA Result for NTPC’s 1000 MW Hybrid Tranche-VI Bid – EQ

NLC India-Coal India JV to invest in 3,000 MW solar power projects

Integrated lignite mining-cum-power generation company NLC India Ltd and Coal India Ltd have plans to get into 3,000 MW of solar power generation, a top NLC India official said. Chennai: Integrated lignite mining-cum-power generation company NLC India Ltd and Coal India Ltd have plans to get into 3,000 MW of solar power generation, a top […]

eRA Result for NTPC’s 1000 MW Hybrid Tranche-VI Bid – EQ

World’s largest coal miner Coal India plans to bet big on solar

Chairman Pramod Agarwal said its joint venture with state-run NLC India Ltd plans to invest around 125 billion rupees ($1.73 billion) in solar power projects with a capacity of 3,000 megawatts (MW), of which Coal India would invest about 60 billion rupees by March 2024.Coal India Ltd, the world’s largest coal miner, could venture into […]

Work on West Kallada floating solar project to begin soon – EQ