SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NLC India gets nod to incorporate JV company

20 May 2025 Evaluate

NLC India has received approval for incorporation of a joint venture (JV) company with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) with equity participation of the Company and RVUNL in the ratio of 74:26 for establishing, maintaining and operating 3 x 125 MW Lignite based Thermal Power Station and to develop and operate lignite mines to meet the requirements of the Thermal Power Plant, subject to compliance of DIPAM guidelines and necessary approvals of MoC and other departments, as may be required.

The Board of Directors of the Company at their meeting held on May 19, 2025, has approved the same. 

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:

×