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FINANCIAL RESULTS OF NLCIL GROUP FOR THE QUARTER AND NINE MONTHS ENDED 31.12.2024

NLC India Limited Secures Two Strategic Mineral Blocks

Major Highlights during the Q3 2024-25:

 

  • NUPPL’s GTPP Unit# I (660 MW) successfully started its commercial operations, by which NLCIL Group’s Installed Power Generation capacity increased from 6,071.06 MW to 6,731.06 MW.
  • Coal mine development and production agreement (CMDPA) executed between Nominated authority MoC, and NLCIL for New Patrapara (south) coal mine project (12MTPA).
  • NLCIL signed a JV Agreement with RVUNL for setting up of (3×125) MW Lignite based Thermal Power Station in the State of Rajasthan
  • NIRL (wholly owned subsidiary of NLCIL) signed a JV Agreement with RVUNL for developing 2000 MW of Renewable power project in the State of Rajasthan.
  • NIRL Signed a Joint Venture Agreement with Assam Power Distribution Company Limited (APDCL) for development of Solar Power Project in Assam for 1000MW.
  • NLCIL has been recognised as one of the Best Performers under Special Campaign 4.0 in the New Initiative/Best Practice category.
  • NLC India Limited (NLCIL) has been conferred with the prestigious Mining Innovation Award for upholding high standards of operations in mining.
  • Capex achievement upto December, 2024 is Rs. 5247 Cr has exceeded the Annual Target for FY 2024-25.
  • Ministry of Finance, through a Gazette of India has granted Capital Gains Tax exemption under Income Tax Act for the transfer of renewable energy assets from NLCIL to NIRL, a wholly owned subsidiary of NLCIL.
  • Received four Five Star Rating Awards for Mine-I, Mine-lA, BLMP and Talabira II & III OCP for the performance base year 2022-23 from Hon’ble Minister of Coal & Mines at New Delhi.
  • Ministry of Coal accorded approval for the Revised Cost Estimate (RCE-II) of Rs. 21,780.94 Cr for 3×660 MW Ghatampur Thermal Power Plant of NUPPL
  • For the Financial Year 2024-25, NLCIL board has approved payment of Interim Dividend @ Rs.1.50 per share.

 

Key Highlights – Physical Performance of Nine Months Ended Dec 2024:

 

  • Achieved Lignite production of 171.35 LT with 5.23% growth as compared to 162.83 LT in Nine months ended FY 2023-24.
  • Achieved all time highest Coal production of 115.16 LT with 40.11% growth as compared to 82.19 LT in Nine months Ended FY 2023-24.
  • Achieved Gross Power Generation of 20,568MU with 4.71% growth as compared to 19,643 MU in Nine months Ended FY 2023-24. This includes RE Power Generation of 1,579 MU.

 

Key Highlights -Financial Performance of Nine Months Ended Dec 2024:

 

  • All time highest Revenue from operations of Rs.11,445 Cr as against Rs.9,458 Cr in the corresponding period of the previous year, registering a growth of 21%.
  • All time highest Total Income of Rs.12,909 Cr as against Rs.9,912 Cr in the corresponding period of the previous year, registering a growth of 30%.

All time highest Profit After Tax (PAT) of Rs.2,245 Cr as against Rs.1,754 Cr in the corresponding period of the previous year, registering a growth of 28%.

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