NLC India

India | Finance | News

NLC India board clears NIRL listing, Rs 66.6 crore investment
By January 13, 2026January 13, 2026

NLC India Limited, following a meeting of its Board of Directors held on January 12, 2026, has granted in-principle approval for the listing of its wholly owned subsidiary, NLC India Renewables Limited (NIRL). The proposed listing is in line with the Government of India’s National Monetisation Pipeline strategy and involves dilution of up to 25% equity stake in NIRL through one or more public offerings. The proposal remains subject to necessary approvals from competent authorities,…

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India | News | Renewable Energy

NLC India transfers renewable assets to new subsidiary NIRL
By January 2, 2026January 2, 2026

NLC India Limited has completed the transfer of its renewable energy portfolio to a dedicated subsidiary, consolidating its clean energy assets under a single entity. In a disclosure dated 01 January 2026, the company informed the stock exchanges that seven Renewable Energy (RE) assets have been transferred to NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India. The company stated that the transfer took effect on 01 January 2026 under a Business…

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India | Leadership | News

NLCIL appoints Rajesh Pratap Singh Sisodia as Director of Planning and Projects
By December 3, 2025December 3, 2025

NLC India Limited has named Shri Rajesh Pratap Singh Sisodia as its Director of Planning and Projects, with effect from 02 December 2025. He took charge at the company’s Neyveli headquarters. Shri Sisodia brings more than 35 years of experience, largely from Bharat Heavy Electricals Limited, where he last served as Executive Director. His background covers design, site construction, and project management for major EPC projects across the power and industrial sectors. In his new…

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India | News | Renewable Energy

NLCIL commissions 106 MW solar unit, transfers 1.4 GW assets to subsidiary
By November 3, 2025November 3, 2025

NLC India Limited (NLCIL) has announced the commissioning of the second phase of its 300 MW solar power project at Barsingsar in Bikaner, Rajasthan, and the transfer of seven renewable assets to its subsidiary as part of a structural reorganisation. The second phase, with a capacity of 106 MW, received its commissioning certificate from Rajasthan Renewable Energy Corporation Limited on November 2, 2025. The first phase of 52.83 MW was declared commercially operational on August…

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News | India

NLC India signs MoU with KABIL for critical minerals collaboration
By September 15, 2025September 15, 2025

NLC India Limited (NLCIL) has entered into a Memorandum of Understanding (MoU) with Khanij Bidesh India Limited (KABIL) on September 10, 2025. The agreement focuses on cooperation in identifying, acquiring, and developing projects related to critical and strategic minerals at both domestic and international levels. NLCIL stated that it is actively exploring opportunities in the critical minerals and rare earth elements sector. The initiative aligns with the Government of India’s push for public sector enterprises…

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India | News | Renewable Energy

NLC India commissions 53 MW of Barsingsar solar project, reports FY25 profit growth
By September 1, 2025October 29, 2025

NLC India Limited has commissioned 52.83 MW of its 300 MW solar power project at Barsingsar in Bikaner district, Rajasthan. The company received the commissioning certificate from Rajasthan Renewable Energy Corporation Limited on 26 August 2025. For the quarter ending June 2025, NLC India reported consolidated revenue of Rs 3,825.61 crore, compared with Rs 3,836.00 crore in the previous quarter. Net profit for the period stood at Rs 839.15 crore, up from Rs 468.36 crore…

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India | News

NLC India Renewables eyes Rs 40 billion IPO in FY26–27
By July 18, 2025July 18, 2025

NLC India Renewables is likely to launch an initial public offering (IPO) worth Rs 40 billion in the first half of FY26–27, according to sources cited by Zee Business. The company may file its draft papers with the Securities and Exchange Board of India (SEBI) by March 2026. The IPO plan comes as part of NLC India’s broader strategy to scale up renewable energy operations through its wholly owned subsidiary. The subsidiary is set to…

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India | News

NLC to invest Rs 1.25 trillion to triple power capacity
By July 16, 2025July 16, 2025

NLC India Limited has announced a Rs 1.25 trillion investment plan to increase its power generation capacity from 6.7 GW to 20 GW by 2030. The expansion will span across renewable energy, thermal power, and mining. Out of the total capital outlay, Rs 650 billion is earmarked for renewable energy and green initiatives. This includes Rs 150 billion specifically for battery energy storage systems. Rs 450 billion is allocated for thermal power projects, and Rs…

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India | News

NLC India to invest Rs 16.3 billion in renewables arm
By July 11, 2025July 11, 2025

NLC India Limited has approved an equity investment of up to Rs 16.30 billion in its wholly-owned subsidiary, NLC India Renewables Limited (NIRL). The in-principle approval is subject to clearances from the Department of Investment and Public Asset Management (DIPAM) and other relevant authorities. The funds will support NLC’s ongoing renewable energy projects under NIRL. The company is also planning to transfer 1.4 GW of its operational renewable assets to NIRL. This portfolio will then…

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India | News

NLC and MAHAPREIT form JV to develop 5,000 MW RE in Maharashtra
By May 30, 2025May 31, 2025

NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). The agreement was formalised on May 29, 2025. The joint venture company will develop 5,000 MW of renewable energy projects across Maharashtra. These will include solar parks, wind projects, hybrid systems, floating solar installations, battery energy storage systems (BESS), and pumped storage projects (PSPs). As part of Phase-I,…

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