In Short : NLC India plans to raise funds through an IPO to enhance its renewable energy capacity. The move aims to support the company’s expansion in the renewable sector and strengthen its commitment to sustainable energy development. In Detail : NLC India Ltd. (NLCIL), a leading power producer, has announced plans to raise funds […]
NLC India to raise funds via IPO of arm for clean energy expansion: CMD – EQ
In Short : NLC India plans to raise funds through an IPO of its subsidiary to support clean energy expansion, according to the CMD. This initiative aims to bolster the company’s renewable energy projects and contribute to India’s sustainable energy goals. In Detail : In an interview to PTI here, the CMD said the PSU […]
NLC India aims for a 4x increase in renewable capacity by 2030 – EQ
In Short : NLC India aims to quadruple its renewable energy capacity by 2030. This ambitious target reflects the company’s commitment to expanding its clean energy footprint and supporting India’s transition to sustainable power sources. In Detail : The company has set a revenue target of ₹15,000 crore for the year, with margins expected to […]
NLC India expects power demand to grow by 9% annually; targets ₹15,000 crore FY25 revenue – EQ
In Short : NLC India forecasts a 9% annual increase in power demand and targets ₹15,000 crore in revenue by FY25. The company plans to leverage growing energy needs and expand its power generation capacity to achieve this ambitious revenue goal. In Detail : Prasanna Kumar Motupalli, the Chairman and MD of NLC India, said […]
NLC India planning to sell renewable assets worth estimated $720 Million – EQ
In Short – NLC India is planning to divest renewable assets valued at approximately $720 million. This strategic move signals a shift towards green energy initiatives, reflecting the company’s commitment to sustainable practices and aligning with global trends in renewable energy investment. In Details – State-run coal miner and power producer NLC India Ltd. is […]
NLC India ties up with NPTI for training prog in TN district – EQ
In Short : NLC India (Neyveli Lignite Corporation) collaborates with the National Power Training Institute (NPTI) to conduct a training program in a district of Tamil Nadu. This partnership aims to enhance skills and knowledge in the power sector, emphasizing the importance of industry-academic cooperation for workforce development. In Detail : New Delhi : State-owned […]
NLC India wins 810 MW Solar Project in Rajasthan’s Mega Park – EQ
In Short : NLC India has secured an 810 MW solar project in Rajasthan’s Mega Park. This achievement marks a significant milestone in India’s renewable energy sector, contributing to the country’s ambitious renewable energy targets. By harnessing solar power, this project will enhance energy generation capacity, reduce carbon emissions, and promote sustainable development in the […]
Petition for revision of tariff of Barsingsar Thermal Power Station (250 MW) NLC India Limited – EQ
Petition for revision of tariff of Barsingsar Thermal Power Station (250 MW) NLC India Limited For more information please see below link:
NLC India signs pact with Rajasthan for 300 MW solar power supply – EQ Mag
NLCIL presently has 1,421 MW of renewable energy capacity. As per the Corporate Plan of the company, it contemplates establishing 6,031 MW capacity by 2030 The NLC India on Thursday inked a pact with Rajasthan Urja Vikas Nigam for supply of 300 MW solar power for the next 25 years. A central PSU, the NLC […]
In 2023, NLC India is in negotiations with the Andaman Administration to establish a significant 20 MWh battery storage system – EQ Mag
Diesel generates 95% of the electricity in the Andaman and Nicobar Islands, with hydropower making up the remaining 5%. A 20-megawatt-hour battery storage facility is being discussed by NLC India, formerly Neyveli Lignite Corp, with the Andaman and Nicobar authorities to lessen the union territory’s reliance on extremely polluting diesel generators. “South Andaman has a […]