NLC India Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 08:27 pm
07-08-2025 | 08:27 pm
NLC India has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹3,825.61 Cr, with a profit for the period of ₹839.21 Cr. The Board gave in-principle approval to transfer operational renewable assets worth ₹5,228 Cr to its wholly-owned subsidiary, NLC India Renewables, for strategic focus. The CCEA also greenlit a ₹7,000 Cr investment in this subsidiary. Additionally, NLCIL expanded its footprint by forming new JVs, including NLC Rajasthan Power Ltd (thermal) and NIRL Rajasthan Renewables/Assam Renewables (both renewables).
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