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The Economic Times

NLC India among 8 stocks showing RSI trending up

On September 17, eight stocks from the Nifty500 pack appeared in the RSI Trending Up scan, according to the stockedge.com data.

Business Standard

NLCIL to invest Rs 50,000 cr to ramp up renewable capacity to 10.11 GW

Lignite-to-power producer NLC India Ltd (NLCIL) will invest around Rs 50,000 crore to ramp up its renewable energy capacity from 1.43 GW to 10.11 GW. NLC India Green Energy Limited (NIGEL), a wholly-owned subsidiary of NLCIL, is established with special focus on renewable energy generation, an official statement said on Friday. "NLCIL aims to achieve a renewable energy (RE) portfolio mix of 50 per cent of its total planned capacity, increasing its RE capacity from 1.43 GW to 10.11 GW. "The above plan entails an investment of Rs 50,000 crore (approx) in renewable portfolio, which will support India's RE target and contribute to the broader aim of achieving 'net zero' emissions by 2070," the statement said. India is committed to a low-carbon emission path while pursuing its development goals, as pledged at COP 26. NIGEL aims to expand its portfolio by participating in competitive bidding and exploring emerging opportunities in the green energy sector. Currently, 2 GW of renewable en

The Economic Times

NLCIL to invest Rs 50,000 cr to ramp up renewable capacity

NLC India Ltd will invest Rs 50,000 crore to increase its renewable energy capacity from 1.43 GW to 10.11 GW. Through its subsidiary NLC India Green Energy Limited, the company aims for a 50% renewable energy mix by 2030 and supports India's net zero emissions target by 2070.

The Economic Times

NLC India aims to start mining of Machhakata coal block in Odisha ahead of schedule

NLC India Ltd plans to start mining the Machhakata coal block in Odisha ahead of schedule. With reserves of 1.4 billion tonnes and a capacity of 30 MTPA, it is set to be one of India's largest mines. This aligns with NLCIL's goal to exceed 100 MTPA by 2030.

Business Standard

NLC India aims to start early mining of Odisha's Machhakata coal block

State-owned NLC India Ltd is aiming to start the mining of Machhakata coal block in Odisha ahead of schedule. Machhakata coal block is the second commercial coal block and the biggest among the NLCIL's mining projects. NLC India Ltd (NLCIL) had emerged as the successful bidder for Machhakata (Revised) coal block in Angul district of Odisha under the commercial coal block e-auction held in July. The Machhakata coal block, having reserves of 1.4 billion tonnes (BT), with average Grade of G10-G11, and capacity of 30 MTPA, is expected to be one among the top five biggest mines in the country, NLCIL said in a statement. "NLCIL aims to commence the mining ahead of schedule. This marks another milestone towards realising NLCIL's Corporate Plan 2030," the statement added. Machhakata Coal Block's vesting order was issued on Thursday. The company had earlier said that it is committed to its capacity addition in line with its vision of achieving more than 100 million tonnes per annum (MTPA)

Business Line

Stocks that will see action today: September 6, 2024

Buzzing stocks: Adani Enterprises, Infosys, KEC International, Ashok Buildcon, NLC India, Pidilite Industries, Venus Pipesk Brigade Enterprises

The Economic Times

Govt issues allocation orders for three coal mines; expect to generate employment to nearly 40,560 people

The Ministry of Coal has issued Allocation Orders for three coal mines to NLC India Limited, Gujarat Mineral Development Corporation Limited, and TANGEDCO. These mines have a cumulative Peak Rated Capacity of 30 MTPA and are expected to generate annual revenue of Rs. 2,991.20 crores and provide employment to approximately 40,560 people.

CNBC TV18

NLC India, RVUNL to form joint ventures for thermal power plant and 2,000 MW renewable projects

Shares of NLC India Ltd ended at ₹274.15, down by ₹2.00, or 0.72% on the BSE.

CNBC TV18

SpiceJet, LIC, CDSL, ITI, NTPC, Infosys, Jai Corp and more: Top stocks to watch out for on August 30

stocks to watch, SpiceJet, LIC, CDSL, ITI, NTPC, Infosys, Jai Corp, NLC India, Lemon Tree Hotels, RVNL and more, these are the stocks to watch for today.

Business Line

NLC India shares climb amid 200 MW solar deal with Telangana

NLCIL, which falls under the Ministry of Coal, is the first Central Public Sector Enterprise to achieve 1 GW of solar power generation in India

CNBC TV18

NLC India signs 25-year agreement with Telangana for 200 MW solar power

NLC India Ltd is a navratna under the Ministry of Coal and the first CPSE (central public sector enterprise) to reach 1GW solar power generation in the country. Shares of NLC India Ltd ended at ₹275.35, down by ₹4.15, or 1.48%, on the BSE.

Business Line

Broker’s call: NLC India (Buy)

Elara Securities

Mint

LIC, SBI Life-owned NLC India share price jumps over 4%; analysts expect up to 36% upside. Here's why

Elara Securities initiated coverage on the state-run ‘Navratna’ company NLC India with a ‘Buy’ rating and a target price of ₹373 per share, implying an upside potential of over 36% from Monday’s closing price.

Mint

Buy or sell: BEL, NLC India & RCF — Ganesh Dongre recommends three stocks for Monday

Buy or sell: Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi believes that individual stocks within the Nifty continue to show signs of bullish sentiment, contributing to overall market optimism

Business Line

Prior to IPO, NLC India to restructure two renewable energy subsidiaries

Company keen on making NIGEL a subsidiary of NIRL, so that it becomes a step-down subsidiary of the parent company

Business Line

NLC India plans ₹12,000 crore investment in new coal mine, shares hit record high

The acquisition of the coal mine is a significant milestone for NLC India, with the potential to yield 30 million tonnes of coal annually, significantly contributing to the company’s future growth and revenue.

Business Line

Ghatampur project to add ₹500 crore to NLC India’s net profit

The Ghatampur thermal power plant is being set up with an investment of ₹19,406 crore by a joint venture of NLC India and Uttar Pradesh Rajya Vidyut Utpadan Nigam

The Economic Times

NLC India posts 22% rise in lignite production to 61.7 lakh tonnes in Q1

State-owned firm NLC India Ltd reported a 22.12 per cent increase in lignite production to 61.72 lakh tonnes in the first quarter of the current fiscal, up from 50.54 LT last year. Coal production also rose by 35.27 per cent to 28.46 LT. Gross power generation grew to 7,553.62 MU, including 546.63 MU of renewable power. Market capitalisation increased by 5.28 per cent to Rs 240.15 per share.