NLC News and Updates

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NLC India Ltd.

21 Jul 2016

237.69

-0.91%

Neyveli Lignite surges nearly 10% as CCEA gives approval to its JV NUPPL

The Financial Express

NUPPL is a joint venture between Neyveli Lignite Corporation (NLC) and Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL). The post Neyveli Lignite surges nearly 10% as CCEA gives approval to its JVNUPPL appeared first on The Financial Express.

Axis Direct released a Buy report for NLC India Ltd. with a price target of 310.0 on 26 Nov, 2025.

NLC India Ltd.

16 Jul 2016

237.69

-0.91%

Neyveli Lignite plans 300 Mw solar plant in Odisha

Business Standard

While the exact site is yet to determined, company officials say it will likely be in Balasore district which they will visit soon to finalise the location and determine feasbility

NLC India Ltd. has an average target of 310.00 from 1 broker.

NLC India Ltd.

09 Jul 2016

237.69

-0.91%

Neyveli to pick up 75 per cent in DVC's thermal project

Economic Times

KOLKATA: Neyveli Lignite Corporation is likely to buy at least 75 per cent stake in Damodar Valley Corporation's 1,200 megawatt Raghunathpur thermal power project. DVC chairman AWK Langstieh said the deal is at an advanced stage and will be concluded in the next one month. SBI Caps is working on the deal. The project, located in West Bengal's Purulia district, has been delayed by five years and has witnessed a total cost overrun of about Rs 3,800 crore to Rs 8,800 crore. DVC will have to take a haircut for majority of this amount. Bulk of the cost increase has been on account of interest paid by the company during construction due to the delay, rising land cost and inflation of equipment. "We will take a minority stake in the joint venture while they will take the bulk," DVC chairman Langstieh said.

NLC India Ltd. has an average target of 310.00 from 1 broker.

NLC India Ltd.

11 Jun 2016

237.69

-0.91%

Neyveli Lignite may set up thermal, solar plants in Odisha

Business Standard

The firm is keen to set up a coal-based power station as well as a solar power manufacturing plant in the state

Number of FII/FPI investors increased from 167 to 174 in Sep 2025 qtr.

NLC India Ltd.

26 May 2016

237.69

-0.91%

NLC profit declines 34%

Business Line

Neyveli Lignite Corporation (NLC) has reported a 34 per cent drop in net profit for the fourth quarter FY16 compared to the corresponding quarter of FY15. It posted net profit of 446.24 crore (676.8...

NLC India Ltd. has an average target of 310.00 from 1 broker.

NLC India Ltd.

15 Apr 2016

237.69

-0.91%

DVC to form jt venture with Neyveli Lignite Corpn for Raghunathpur project

Business Line

Damodar Valley Corporation (DVC) is set to shift its Rs 8,100-crore and 1,200-MW Raghunathpur project in West Bengal to a joint venture with Neyveli Lignite Corporation Ltd (NLC). Andrew W K Langs...