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NLC India LimitedUpdates, 03-02-2025: Press Release

03-02-2025 | 08:47 pm

NLC India Limited reported significant operational and financial achievements for the nine months ending December 2024. The installed power generation capacity increased to 6,731.06 MW following the successful commercial operation of NUPPL's GTPP Unit# I (660 MW). The company executed a Coal Mine Development and Production Agreement for the New Patrapara coal mine project, enabling a capacity of 12 million tonnes per annum (MTPA). Additionally, NLCIL established joint ventures for renewable energy projects in Rajasthan and Assam, focusing on a total of 2,000 MW.

Financially, revenue from operations reached an all-time high of Rs. 11,445 Cr, a 21% increase year-over-year. Total income surged 30% to Rs. 12,909 Cr, while profit after tax climbed 28% to Rs. 2,245 Cr. The board also approved an interim dividend of Rs. 1.50 per share. With strong growth in lignite and coal production, alongside recognition for operational excellence, NLCIL portrays a positive outlook for future growth and stability.

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