NLC India Limited (NLCIL) has reported a remarkable performance in the first quarter of FY2025-26, driven by key project milestones and strategic investments.
Highlights of the quarter include:
- The Prime Minister of India dedicated Unit 1 (660 MW) of NUPPL’s Ghatampur Thermal Power Station to the nation.
- The Cabinet Committee on Economic Affairs (CCEA) approved an investment of Rs. 7,000 crore in NIRL, exceeding Navratna guidelines limits.
- NUPPL achieved oil synchronization of Unit-2 (660 MW) of Ghatampur Thermal Power Project.
- Declared preferred bidder for Semhardih and Raipura Phosphorite & Limestone blocks in Chhattisgarh under the Ministry of Mines’ critical mineral auctions, marking NLCIL’s maiden entry into the critical minerals sector.
- Received approval from the Government of Tamil Nadu for disposal of overburden soil from mines and M-Sand production.
- NIRL awarded a 250 MW / 500 MWh Battery Energy Storage System (BESS) project by TNGECL under VGF scheme.
- Received LoA from NTPC for a 450 MW ISTS-connected wind-solar hybrid power project.
- Signed an MoU with IREL (India) Limited to collaborate in the critical minerals sector.
- Achieved Stage-II Forest Clearance for Pachwara South OCP of NUPPL.
Financially, NLCIL achieved capex of Rs. 1,925.62 crore, 113% of its quarterly target. Revenue from operations stood at Rs. 3,825.61 crore, up 13.25% from Rs. 3,378.17 crore in the previous year. Total income rose to Rs. 4,115.85 crore from Rs. 3,642.65 crore, marking a growth of 12.99%. PAT surged 48.09% year-on-year, reaching Rs. 839.21 crore versus Rs. 566.69 crore in Q1 FY2024-25. NUPPL contributed Rs. 642.29 crore in revenue for part of the quarter.
With strong growth in power generation, mining, and diversification into critical minerals, NLCIL continues to strengthen its position as a key player in India’s energy and mining sectors.
