SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NLC India inches up as its arm signs Power Purchase Agreement with RVUNL

07 May 2025 Evaluate

NLC India is currently trading at Rs 217.90, up by 0.15 points or 0.07% from its previous closing of Rs. 217.75 on the BSE.

The scrip opened at Rs. 215.65 and has touched a high and low of Rs. 221.45 and Rs. 215.65 respectively. So far 24572 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 311.65 on 16-Jul-2024 and a 52 week low of Rs. 185.85 on 17-Feb-2025.

Last one week high and low of the scrip stood at Rs. 233.35 and Rs. 215.65 respectively. The current market cap of the company is Rs. 30547.60 crore.

The promoters holding in the company stood at 72.20%, while Institutions and Non-Institutions held 21.85% and 5.95% respectively.

NLC India’s (NLCIL) 100% subsidiary -- NLC India Renewables (NIRL) has signed the Power Purchase Agreement (PPA) for its upcoming 810 MW Solar Power Project with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL). This flagship project at Pugal Solar Park, Bikaner District marks a significant milestone in NLCIL's journey towards becoming a major player in the renewable energy space. The project is being developed in the barren lands of Bikaner District and the proposed site is bestowed with abundant Solar radiation. 

The project was awarded through a competitive tariff-based bidding process by RVUNL. The project is being implemented under the MNRE's Ultra Mega Renewable Energy Power Park (UMREPP) Scheme - Mode 8. NLCIL was the first CPSU in the country to establish 1 GW of Renewable energy projects in the country and is continuing its pursuits in the field of Renewable energy and the 810 MW PugaI solar project is a testament to these efforts.

The project is expected to generate approximately 2 billion units (BU) of green electricity annually and offset approximately 1.5 million metric tons of CO2 emissions per year, as per the terms of PPA, playing a vital role in India's transition to a low-carbon economy. The project will be established within the infrastructure of the 2000 MW Pugal Solar Park being developed by RVUNL. 

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.


Neyveli Lignite Share Price

299.70 -4.65 (-1.53%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 396.10
Tata Power 435.70
Adani Power 203.05
Power Grid Corp 319.30
Torrent Power 1622.05
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:

×