NLCINDIANSENLC India LimitedMediumPositive
Announced Sun, 29 Mar · 16:49 IST

NLC India Limited has informed the Exchange about General Updates

Greenfield CommissionedCapex & Operations View source PDF

NLCINDIA · price

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Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹270.80
prior close
₹270.40
base price
After-mkt
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+0.3+0.1+0.1+1.7+4.1+3.1+1.2+0.3-0.3-1.4+9.5+16.8+24.3+18.5
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AI summary

NLC India's joint venture NUPPL (NLC holds 51%, UP Rajya Vidyut Utpadan Nigam holds 49%) has started coal production at the Pachwara South Open Cast Project in Dumka, Jharkhand, on 29 March 2026. The coal block, allotted by the Ministry of Coal in October 2016 and previously unexplored, has an extractable reserve of 264.84 million tonnes with a planned mining capacity of 9 million tonnes per annum and an average coal grade of G10. The coal from this block is meant to fuel the 3x660 MW Ghatampur Thermal Power Plant being set up by NUPPL in Uttar Pradesh. Overburden removal at the site had begun on 19 December 2025, and within about three months, full coal production has commenced.

Likely market impact

This is a positive operational milestone for NLC India, as it secures a captive fuel source for the Ghatampur power project and adds a new revenue stream from coal mining, supporting long-term earnings visibility for shareholders.