State-owned NLC India Ltd on Monday (March 10) said it has received in-principle approval from its board of directors to raise external commercial borrowings (ECB) equivalent to $200 million in Japanese Yen, with an additional green shoe option. The decision was made during the board meeting held on March 10, 2025. “…we write to inform […]
NLC India approves ₹3,720 crore investment in various renewables projects – CNBC TV18
State-owned NLC India Ltd on Tuesday (November 19) said its board of directors has approved key initiatives to expand its renewable energy portfolio and support subsidiary operations. In its meeting, the board granted in-principle approval to invest up to ₹3,720 crore in its wholly-owned subsidiary, NLC India Renewables Ltd (NIRL). This investment, to be made […]
NLC India, RVUNL to form joint ventures for thermal power plant and 2,000 MW renewable projects – CNBC TV18
State-owned NLC India Ltd (NLCIL) on Thursday (August 29) said its board of directors, has approved two joint ventures with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL). “…to enter into Joint Venture Agreement (JVA) between NLC India Ltd (NLCIL) and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for setting up of Lignite based Thermal Power […]
NLC India signs 25-year agreement with Telangana for 200 MW solar power – CNBC TV18
State-owned NLC India Ltd (NLCIL) on Wednesday (August 28) said it has signed a 25-year power usage agreement with Telangana state discoms (distribution companies) for 200 MW solar energy at a competitive price under the central public sector undertaking (CPSU) scheme. The project will be developed with state-of-the-art equipment, including single-axis trackers, and domestic make […]