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NLC India signs MoU with M/s IREL (India)

07 May 2025 Evaluate

NLC India has signed a Memorandum of Understanding (MoU) with M/s. IREL (India) on May 06, 2025 to cooperate and collaborate for development (Mining/Excavation/Refining etc.) of mutually agreed assets of critical mineral in general including Rare Earth Elements (REE) by acquiring assets /sourcing raw materials domestically or internationally.

NLC India is a Navratna Government of India Enterprise, under the administrative control of Ministry of Coal. The company is engaged in the business of mining of Lignite, Coal and generation of power by using lignite as well as Renewable Energy Sources and consultancy.

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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