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NLC India Marks 70th Raising Day, Sets Bold Growth Targets

nlc raising day

New Delhi, May 21: NLC India Limited (NLCIL) on Wednesday celebrated its 70th Raising Day as “Gratitude Day”, marking the company’s Platinum Jubilee and seven decades of operations in India’s mining and energy sector.

The celebrations began with floral tributes to Shri Jambulinga Mudaliar, whose land donation facilitated the establishment of the company. NLCIL flags were hoisted across all units, while Chairman and Managing Director (CMD) Prasanna Kumar Motupalli led the ceremony at the Corporate Office in the presence of former CMDs, directors, senior officials, employee representatives and stakeholders.

To commemorate the milestone, the Department of Posts released a Special Cover themed “70 Years of Energizing the Nation with Sustainability,” recognising NLCIL’s contribution to nation-building and sustainable energy development.

Addressing employees and stakeholders, CMD Prasanna Kumar Motupalli highlighted NLCIL’s seven-decade journey and credited its progress to the commitment of former employees and visionary leadership.

“The 70th year of NLCIL will be the foundation for taking forward all initiatives to achieve future milestones,” he said, while urging employees to contribute towards the company’s next phase of growth.

During a formal evening function, Motupalli conveyed greetings received from Union Coal and Mines Minister G. Kishan Reddy, Minister of State for Coal and Mines Satish Chandra Dubey and officials from the Ministry of Coal.

He also paid tribute to Jambulinga Mudaliar and expressed gratitude to the Central and Tamil Nadu governments, employees, unions, contractors, financial institutions and local communities that supported the company’s growth from a mining enterprise into an integrated energy company.

Highlighting FY26 performance, Motupalli said NLCIL recorded improvement across both conventional and renewable energy segments.

He noted that the company’s market capitalisation had risen from around Rs 9,000 crore to over Rs 50,000 crore, moving from a small-cap to a mid-cap company amid stronger investor confidence and expansion plans.

The CMD reiterated NLCIL’s long-term growth targets, including doubling mining output, tripling thermal power generation, increasing solar power generation seven-fold and executing a capital expenditure programme of Rs 1.25 lakh crore.

He also highlighted the company’s performance in government-led initiatives such as Swachh Bharat and Hindi Pakhwada, while assuring measures to improve infrastructure and road safety in Neyveli Township.

As part of the celebrations, NLCIL released a book titled “Milestones & Momentum of NLCIL 2025-26”, documenting the company’s achievements and awards during the last financial year.

The company also honoured retired employees and recognised teams and individuals under its “Reward and Recognition” scheme for productivity, efficiency, safety and overall performance.

The event concluded with a cultural programme presented by NLC school students, attended by employees, trade union representatives, welfare associations and members of the public.

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