NLC India generates power via thermal plants, coal/lignite mines, and renewables, with regulated earnings from Ghatampur (1.98 GW operational by Dec 2025) and Talabira coal (20 Mtpa output in FY26). Renewable capacity will grow from 1.4 GW to 10 GW by 2030 via 1 GW in FY26 and 1.5 GW annual additions, while critical minerals (1 Mtpa phosphorite-limestone by 2030) and rare-earth extraction from fly-ash add new revenue streams. PAT is projected to rise from ₹2,714 Cr in FY25 to ₹5,294 Cr by 2030, driven by ₹1.16 lakh crore CAPEX, ₹4,000 Cr from asset monetization, and regulated equity growth to ₹18k Cr. Execution risks include under-recovery in thermal units (₹334 Cr in Q1 FY26) and land acquisition delays for Rajasthan solar and Talabira coal expansion.
companyname: NLC India Limited ticker: NLCINDIA sector: Mining and Power Generation NLC India Limited is a Navratna public sector enterprise under the Ministry of Coal, established in 1956. It operates an integrated business model where it mines lignite and coal, burns that fuel in its own thermal power plants, and sells the resulting electricity to state distribution companies. Over the last decade it has added commercial coal mining and renewable energy (solar and wind) to its portfolio, and ...
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RE Capacity: 1 GW in FY26, 1.5 GW in FY27; PAT Growth: ₹2,714 Cr in FY25 to ₹5,294 Cr by 2030
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