NLC India Ltd’s stock rises 3.07% after securing Machhakata Coal Block development order

NLC India Ltd’s stock rises 3.07% after securing Machhakata Coal Block development order

NLC India Limited’s stock price surged by 3.07% to 280.30 INR, reflecting investor optimism after the announcement of the development of its second commercial coal block, the Machhakata Coal Block. The substantial coal reserves and anticipated impact on India’s energy sector has sparked renewed interest in the stock market, making NLC India Ltd a significant […]

NLC India launches biomass co-firing at thermal power station in Tuticorin

NLC India launches biomass co-firing at thermal power station in Tuticorin

NLC India Limited (NLCIL) has embarked on a sustainable journey in thermal power generation by starting biomass co-firing at its coal-based NLC Tamilnadu Power Limited (NTPL) station in Tuticorin, aligning with the Ministry of Power (MoP) guidelines. The inauguration of this environmentally-conscious initiative took place on 5 December 2023. Sustainability and Environmental Benefits Initiative: Biomass […]

NLC India unveils new subsidiary NIGEL targeting renewable energy projects

NLC India unveils new subsidiary NIGEL targeting renewable energy projects

In a decisive leap towards green energy pursuits, NLC India Limited, a Neyveli-based Navratna Central Public Sector Undertaking, has incorporated a fresh wholly-owned subsidiary, “NLC India Green Energy Limited” (NIGEL). Projects on the Horizon for NIGEL Setting its sight on major renewable undertakings, NIGEL is geared to assume projects approximating a staggering 2 GW of […]