SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NLC India enters into MoU with BHEL

14 Oct 2022 Evaluate

NLC India (NLCIL) has entered into a Memorandum of Understanding (MoU) with BHEL, a Public Sector Undertaking under the Ministry of Heavy Industries, to develop indigenous technology for Lignite Gasification. The MoU was signed between NLCIL & BHEL to take-up the study on lignite gasification for IGCC power/ chemicals at New Delhi. The MoU will enable NLCIL in developing indigenous technology and study the feasibility of using Lignite for Power Generation through Gasification and the Production of value added chemicals.

Coal gasification has been internationally accepted as one of the most viable and effective clean coal technology for production of synthetic fuels, chemicals, various thermal applications & power generation. It also offers a practical means of utilizing lignite/coal for meeting stringent environment requirements. NLCIL has taken up the above initiative inline with the national mission of diversifying fuel supply by innovative utilization of the huge reserves of Lignite.

NLC India is engaged in the business of lignite mining and power generation.

Neyveli Lignite Share Price

322.00 5.80 (1.83%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 394.70
Tata Power 443.00
Adani Power 229.10
Power Grid Corp 315.75
Torrent Power 1733.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×