NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a power purchase agreement (PPA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for an 810 MW solar power project in Bikaner, Rajasthan. The agreement was finalized on May 6, 2025. This solar project is part of the 2,000 MW Pugal Solar…
Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest rate of 8.15% p.a. Project scope: Development of 600 MW grid-connected solar…
NLC India Renewables (NIRL), a subsidiary of NLC India, has partnered with Assam Power Distribution Company (APDCL) to form a joint venture for developing 1,000 MW of solar power projects in Assam. NIRL will hold a 51% stake in the venture and contribute its renewable energy expertise, while APDCL will handle land acquisition, regulatory approvals,…
NLC India Limited has issued an Expression of Interest (EoI) for the engineering, procurement, and construction (EPC) package for the 3×125 MW Gurha Thermal Power Project. The EoI was announced on December 16, 2024, with a bid submission deadline of January 30, 2025. The project will be executed by a joint venture of NLC India…
NLC India (NLCIL) has commenced commercial operations of the first 660 MW unit of its 3×660 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh. The unit, which completed its trial operation on 7 December 2024, began commercial operations on 12 December 2024. This is the first fossil fuel-based thermal power plant commissioned in India…
NLC India Limited’s joint venture, Neyveli Uttar Pradesh Power Limited (NUPPL), has completed a 72-hour full-load trial for the first 660 MW unit of the Ghatampur Thermal Power Station in Uttar Pradesh. The trial, concluded on December 3, 2024, is a key step toward declaring commercial operation. NUPPL, jointly owned by NLC India (51%) and…
The Ministry of Coal has commenced the 10th round of commercial coal mine auctions, offering five mines on the first day with combined geological reserves of 2,630.77 million tonnes and a peak-rated capacity of 12 million tonnes per annum. The fully explored New Patrapara South mine in Odisha was awarded to NLC India Limited. Partially…
NLC India Limited has posted a net profit of Rs 9.82 billion for the quarter ending September 2024, marking a 9.58% decrease from the Rs 10.86 billion reported in the same period last year. However, the company’s total income rose by approximately 35%, reaching Rs 43.70 billion for the quarter, compared to Rs 32.34 billion…
NLC India Limited (NLCIL) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to establish a 3×125 MW lignite-based thermal power plant in Rajasthan, along with developing lignite mines to fuel the station. The initial paid-up capital for this project is set at Rs 500,000, with NLCIL holding a…