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NLC India reports 69.27 LT of lignite production in Q2FY17

09 Dec 2016 Evaluate

NLC India has improved its Production Performance for current quarter ending September 30, 2016. The production of lignite in the current quarter ending September 30, 2016 was 69.27 lakh tonnes (LT) as against 60.21 LT, registering physical growth of 15% when compared to the corresponding quarter of previous year. Similarly the power generation in the current quarter was 5254.83 MU as against 4963.47 MU in the corresponding quarter of the last year with a growth of 5.9%.

The total sales revenue of the company for the 2nd Quarter of 2016-17 stood at Rs 2,056.67 crore as compared to Rs 1,718.19 crore in the same Quarter last year registering a positive growth of 19.7%.

NLC India is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.



Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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