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NLCIL Posts Rs. 1,564 Crore PAT and Expands Renewable Energy Portfolio with New Projects in Q2 2025-26

NLCIL's successful launch of new solar and wind projects, alongside strong financial performance and strategic MoUs, solidifies its position as a leader in India's energy sector.
Indian Masterminds Stories

New Delhi: NLC India Limited (NLCIL) has achieved several key milestones in the second quarter of 2025-26, showcasing remarkable progress in its expansion of renewable energy capacity, successful project executions, and strategic collaborations. These developments underscore NLCIL’s commitment to sustainable growth and its leadership in India’s power sector.

Key Highlights from Q2 2025-26:

  1. Solar and Wind Energy Projects Launched:
    Prime Minister Narendra Modi laid the foundation for two major renewable energy projects: a 600 MW solar power project at Khavda and a 50 MW wind project at Dayapar, both located in Gujarat’s Kutch region. These projects are integral to NLCIL’s ambitious renewable energy targets.
  2. Successful Commissioning of Solar Project in Rajasthan:
    NLCIL successfully commissioned the first phase (52.83 MW) of its 300 MW Solar Power Project at Barsingsar, Rajasthan. This brings the total installed power generation capacity of the NLCIL Group to 6,783.89 MW, including 1,483.89 MW from renewable energy sources.
  3. Key Thermal Power Milestone:
    The company successfully synchronized Unit-2 (660 MW) of the Ghatampur Thermal Power Project in Uttar Pradesh, marking a significant step towards achieving full operational capacity.
  4. Strategic Partnerships for Technological Advancement:
    NLCIL signed an MoU with BARC to establish a pilot project in Neyveli to extract rare earth elements from fly ash, a move that will help in waste-to-resource technology. Additionally, NLCIL entered into an MoU with Khanij Bidesh India Limited (KABIL) for the development of critical and strategic mineral resources globally.
  5. International Recognition for Project Management Excellence:
    NLCIL became the first CPSE in India to receive the prestigious IPMA Delta Certification – Level 3 (Standardized), acknowledging its leadership and excellence in project management.
  6. Renewable Energy Collaboration with PTC India:
    NLCIL’s subsidiary NIRL has signed an MoU with PTC India Limited to develop more renewable energy projects, advancing its efforts to expand clean energy generation.
  7. Advancement in Coal Mining:
    NLCIL’s subsidiary NUPPL received the Consent to Operate (CTO) from the Jharkhand State Pollution Control Board and permission to open the Pachwara South Coal Mines, furthering its coal mining expansion.

Read also: Historic First: NLC India Secures IPMA Delta Certification Level 3, Setting Global Benchmark in Project Management

Financial and Operational Performance for H1 2025-26:

  • Coal Production Growth: NLCIL achieved 74.87 LT of coal production in the first half of 2025-26, marking a 25.60% increase compared to 59.61 LT in the same period last year (H1 2024-25).
  • Power Generation: The company generated 13,375.87 MU of power, with 1,126.53 MU coming from renewable sources, reflecting its balanced energy generation mix.
  • Record Revenue Growth: NLCIL posted an all-time highest half-yearly revenue of Rs. 8,004.02 crore, representing a 13.77% increase over the Rs. 7,035.50 crore achieved in H1 2024-25.
  • Profit After Tax (PAT): The company’s PAT reached Rs. 1,564.01 crore, a slight increase of 0.96% compared to Rs. 1,549.10 crore in H1 2024-25.
  • EBITDA Performance: The company’s EBITDA for H1 2025-26 stood at Rs. 3,190.17 crore, growing by 0.61% from the previous year’s Rs. 3,170.83 crore.
  • Strong Net-Worth: NLCIL’s net worth reached Rs. 19,965.62 crore as of September 30, 2025, reflecting a healthy growth of 12.35% from Rs. 17,771.02 crore in the same period last year.

Future Outlook

With significant growth in its renewable energy capacity, successful strategic partnerships, and improved financial performance, NLCIL is well-positioned for continued success. The company’s robust expansion plans in both thermal and renewable power sectors, along with its focus on technological innovation and resource development, align with India’s energy goals for a sustainable and self-reliant future. As NLCIL continues to achieve key milestones, it remains a frontrunner in India’s transition to a greener energy landscape.

About NLC

NLC India Limited (NLCIL) is a prominent public sector undertaking (PSU) in India, primarily engaged in the production of coal, power, and renewable energy. A key player in the country’s energy sector, NLCIL operates one of the largest open-pit lignite mines in the world and has a growing portfolio of thermal and renewable energy projects. With a focus on sustainable development, NLCIL is expanding its renewable energy capacity, particularly in solar and wind power, to contribute to India’s green energy goals. The company plays a crucial role in strengthening India’s energy security while maintaining its commitment to innovation and environmental responsibility.

Read also: NLC India Limited Earns Independent “CRISIL ESG 49” Rating, Highlighting Strong Commitment to Sustainability


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