NLC India’s wholly owned subsidiary -- NLC India Renewables (NIRL) has incorporated a Joint Venture Company (JVC) with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) under the name and style of ‘NIRL Rajasthan Renewables’ with equity participation of 74:26 respectively, to undertake Green Energy Projects. The Ministry of Corporate Affairs has issued a Certificate of Incorporation for the same on June 02, 2025.
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.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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