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NLC Wins ICAI Excellent Financial Reporting Award 2024–25 for Transparency and Governance at WOFA 2.0

Award recognises NLCIL’s high-quality financial disclosures, robust internal controls, and commitment to corporate governance in FY25 financial statements
Indian Masterminds Stories

New Delhi: NLC India Limited (NLCIL) has been honoured with the ICAI Excellent Financial Reporting Award 2024–25 in the Public Sector Entity category at the World Forum of Accountants (WOFA 2.0). The award ceremony, organised by the Institute of Chartered Accountants of India (ICAI), was held on January 31, 2026, at the India Expo Centre & Mart, Greater Noida.

Recognition for Transparency and Governance

The prestigious award recognises NLCIL’s transparency, accuracy, and high-quality disclosures in its financial statements for FY 2024–25. This marks the first time the company has received a financial reporting award from a professional institute, highlighting its commitment to best practices in accounting and corporate governance.

Read also: NLC India Commissions Final 141.17 MW Phase of 300 MW Rajasthan Solar Project, Total Renewable Capacity Hits 1,766 MW

Strengthening Stakeholder Trust

The recognition reflects NLCIL’s robust financial reporting framework, strong internal controls, and steadfast dedication to corporate governance and transparency. By maintaining high standards in financial disclosure, NLCIL reinforces stakeholder confidence and demonstrates its adherence to regulatory and ethical norms in the public sector.

About NLC India Limited

NLC India Limited (NLCIL) is a leading public sector undertaking in India, engaged in power generation, mining, and renewable energy development. The company plays a key role in supporting India’s energy security and sustainable growth, with a strong focus on operational efficiency, governance, and financial transparency.

Read also: NLC India Becomes First Coal PSU to Achieve Training Excellence Accreditation from Capacity Building Commission


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