NLC India Ltd

The Joint venture company (JVC) to be formed under this agreement will be instrumental in developing up to 2000 MW of renewable energy projects including solar, wind , hybrid, floating solar, BESS, pumped storage and solar parks, with an initial focus on 500 MW in Phase 'I eventually scaling to 5000 MW in Maharashtra. The JVC will have an equity structure of 74% held by NIRL and 26% by MAHAPREIT. Under this Agreement, MAHAPREIT, will facilitate in identification & allotment of land for the projects in additions to support development of power evacuation system to the Grid. NIRL on the other hand will help in preparing the detailed project reports, arranging finance and development of RE projects. Statement from Hon'ble Secretary (Coal), Government of India: 'The signing of this Joint Venture Agreement between NIRL and MAHAPREIT is a demonstration of the government's commitment to fostering collaborative partnerships that accelerate the country's transition to green energy. Maharashtra's renewable potential is immense, and with the proven expertise of NIRL in project execution and the regional strength of MAHAPREIT, this joint venture will serve as a catalyst for sustainable growth and energy security. The coal sector is actively supporting the decarbonization journey and such partnerships embody the synergy needed to achieve our national targets for renewable energy deployment and climate resilience.' NLC India is a 'Navratna' government of India company engaged in lignite mining and power generation. As of 31 March 2025, the Government of India held a 72.20% stake in the company. The public sector undertaking's consolidated net profit zoomed 321.83% to Rs 481.96 crore on 8.34% increase in revenue from operations to Rs 3,836 crore in Q4 FY25 over Q4 FY24.Powered by Capital Market - Live

As per the company's regulatory filing, the Ministry of Mines, Government of India (GoI), has named NLC India the 'preferred' bidder for the Semhardih Phosphorite and Limestone Block and the Raipura Phosphorite and Limestone Block, both situated in Balod, Chhattisgarh, following its e-auction. The auction for these blocked was held by the Ministry on 15th and 16th of May 2025. NLC India is a 'Navratna' government of India company in the fossil fuel mining sector in India and thermal power generation. As of 31 March 2025, the Government of India held a 72.20% stake in the company. The public sector undertaking's consolidated net profit zoomed 321.83% to Rs 481.96 crore on 8.34% increase in revenue from operations to Rs 3,836 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

Net profit of NLC India rose 321.88% to Rs 481.96 crore in the quarter ended March 2025 as against Rs 114.24 crore during the previous quarter ended March 2024. Sales rose 8.34% to Rs 3836.00 crore in the quarter ended March 2025 as against Rs 3540.64 crore during the previous quarter ended March 2024. For the full year,net profit rose 41.38% to Rs 2621.36 crore in the year ended March 2025 as against Rs 1854.08 crore during the previous year ended March 2024. Sales rose 17.55% to Rs 15282.96 crore in the year ended March 2025 as against Rs 13001.33 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3836.003540.64 8 15282.9613001.33 18 OPM %22.459.41 -31.6727.20 - PBDT1492.60627.77 138 5581.204706.53 19 PBT912.08165.42 451 3696.932881.64 28 NP481.96114.24 322 2621.361854.08 41 Powered by Capital Market - Live

NLC India announced that the Board of Directors of the Company at its meeting held on 19 May 2025, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.Powered by Capital Market - Live

NLC India Renewables (NIRL), a 100% subsidiary and renewable energy arm of NLC India (NLCIL), a Navratna Central Public Sector Undertaking, today signed the Power Purchase Agreement (PPA) for its upcoming 810 MW Solar Power Project with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL). This flagship project at Pugal Solar Park, Bikaner District marks a significant milestone in NLCIL's journey towards becoming a major player in the renewable energy space. The project is being developed in the barren lands of Bikaner District and the proposed site is bestowed with abundant Solar radiation. The project was awarded through a competitive tariff-based bidding process by RVUNL, the project is being implemented under the MNRE's Ultra Mega Renewable Energy Power Park (UMREPP) Scheme - Mode 8. NLCIL was the first CPSU in the country to establish 1 GW of Renewable energy projects in the country and is continuing its pursuits in the field of Renewable energy and the 810 MW Puga I solar project is a testament to these efforts. The project is expected to generate approximately 2 Billion Units (BU) of green electricity annually and offset approximately 1.5 million metric tons of CO2 emissions per year, as per the terms of PPA, playing a vital role in India's transition to a low-carbon economy. The project will be established within the infrastructure of the 2000 MW Pugal Solar Park being developed by RVUNL.Powered by Capital Market - Live

NLC India has received affirmation in credit ratings for various debt facilities from India Ratings and Research at IND AAA/ Stable / IND A1+. Powered by Capital Market - Live

The project was secured through an e-reverse auction at a tariff of Rs 3.74 per kWh.The project is set to generate 526 MU of clean green power each year, offsetting an equivalent amount of greenhouse gas emissions. This milestone reinforces NLCIL's growing presence in India's renewable energy sector and aligns with the company's vision of achieving 10 GW renewable energy capacity by 2030. Prasanna Kumar Motupalli, Chairman & Managing Director, NLC India, stated, 'This is a proud moment for NLCIL as we continue to expand our renewable energy footprint in the country. Winning this 200 MW wind project further strengthens our commitment to sustainable and clean energy solutions. Our strategy aligns with India's energy transition goals, and we are determined to contribute significantly to a greener future. NLCIL is making remarkable progress in expanding its renewable energy portfolio, ensuring a more sustainable future for generations to come. Our investments in renewable energy will play a crucial role in strengthening India's green economy and meeting global climate commitments.' NLC India is a 'Navratna' government of India company in the fossil fuel mining sector in India and thermal power generation. As of 31 December 2024, the Government of India held a 72.20% stake in the company. SJVN is principally engaged in electricity generation. The company is also engaged in the business of providing consultancy. Shares of NLC India declined 3.17% to Rs 199.90, while those of SJVN fell 2.72% to Rs 81.90 on the BSE.Powered by Capital Market - Live

NLC India has received a Letter of Award (LoA) for 200 MW Wind Power Project from SJVN at a tariff of 3.74 per kWh on 28 February 2025. NLC India turned successful in thee-reverse auction conducted by SJVN on 17 January 2025. The project is set to generate 526 MU of clean green power each year offsetting equivalent amount of greenhouse gas emissions. Powered by Capital Market - Live

NLC India Ltd dropped for a fifth straight session today. The stock is quoting at Rs 205.2, down 3.11% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 22533.1. The Sensex is at 74611.34, up 0.01%.NLC India Ltd has lost around 1.2% in last one month.Meanwhile, Nifty Energy index of which NLC India Ltd is a constituent, has eased around 4.44% in last one month and is currently quoting at 31018.3, down 1.52% on the day. The volume in the stock stood at 6.13 lakh shares today, compared to the daily average of 42.73 lakh shares in last one month.The PE of the stock is 20.71 based on TTM earnings ending December 24.Powered by Capital Market - Live

NLC India Ltd fell 2.81% today to trade at Rs 202.5. The BSE Utilities index is down 0.54% to quote at 4604.84. The index is down 12.45 % over last one month. Among the other constituents of the index, Va Tech Wabag Ltd decreased 2.14% and Adani Energy Solutions Ltd lost 1.4% on the day. The BSE Utilities index went down 16.56 % over last one year compared to the 4.52% surge in benchmark SENSEX. NLC India Ltd has lost 12.07% over last one month compared to 12.45% fall in BSE Utilities index and 0.82% drop in the SENSEX. On the BSE, 13601 shares were traded in the counter so far compared with average daily volumes of 1.34 lakh shares in the past one month. The stock hit a record high of Rs 311.65 on 16 Jul 2024. The stock hit a 52-week low of Rs 185.85 on 17 Feb 2025.Powered by Capital Market - Live