NLC India Limited
What company does?Mining, power generation, renewable energy
Established1956
Entity typeGovernment
HeadquartersIndia
SegmentB2B,B2C
NLC India Limited is a share market listed company
in the Power Generation industry
.
It got listed on NSE on 23-AUG-2000 under the trading symbol NLCINDIA.
On BSE it is listed under trading symbol NLCINDIA.
The company operates in
Energy
,
Coal
and
Power Generation
categories.
Company overview
NLC India Limited, formerly Neyveli Lignite Corporation Limited, is a leading Navratna public sector enterprise in the energy sector. The company primarily operates in lignite mining and power generation. It was established in 1956 to cater to the increasing power demands of southern states of India.
NLC is involved in lignite mining and power generation through thermal power plants. The company has multiple opencast mines to extract lignite, which is used as fuel for their thermal power stations.
One of NLC's main products is electricity generated from its various thermal power plants. These include both coal-based and lignite-based power stations with a total capacity of over 4500 MW across different locations in India.
NLC stands out from its competitors due to its significant focus on renewable energy sources such as solar and wind power. The company has been actively expanding its portfolio by venturing into renewable energy projects apart from traditional fossil fuel-based operations.
In terms of innovation, NLC has embraced modern technologies for efficient mining processes and sustainable environmental practices. Additionally, it has implemented advanced equipment for reducing emissions at its thermal plants. The company also collaborates with other organizations within the Indian government's framework for joint ventures or partnerships that contribute towards mutual growth objectives. Overall, NLC India Limited continues to play a crucial role in meeting the country’s growing demand for energy while emphasizing sustainability through diversification into renewables and adoption of innovative technologies.