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NLCIL enters 10th year with RE Power Generation& Retained 5 Star Rating for its Mines

NLC India Limited Secures Two Strategic Mineral Blocks

New Delhi, Oct 25

Major Highlights

  • NLCIL successfully enters 10th year of Renewable Energy Generation.
  • Vesting order was issued for Machhakata (revised) Coal Block by Nominated Authority, Ministry of Coal.
  • Forest Clearance (Stage I) and Environment Clearance obtained for Pachwara South Coal Block.
  • Two Joint Venture Agreements entered with RVUNL, Govt of Rajasthan for setting up 3x 125 MW Lignite based Thermal Power Station and 2 GW RE Projects in the State of Rajasthan.
  • Long Term Power Usage Agreement was signed with Govt. of Telangana for supply of 200 MW of solar power.
  • NLCIL’s operating Five Mines has been awarded with Four 5 Star Rating, one 4 Star Rating awards by Ministry of Coal, Govt of India Star Rating for FY 2022-23 and Barsingsar Lignite Mines rated as No. 2 among the 216 Coal/Lignite Open Cast Mines in the country.
  • Awarded with First Prize adjudged by Ministry of Coal in Swachhata Pakhwada for activities performed, innovative ideas involved, maximum public participation and awareness programmes conducted during the event.
  • Market Price per share as on 30th Sept’24 increased to Rs.282.50 per share from Rs.134.95 per share as on 30th Sept’23, registering growth of 109%

Key Highlights – Group Physical Performance – H1 of FY 2024-25

  • Achieved Lignite production of 122.37 LT with 15% growth as compared to 106.50LT in H1 of FY 2023-24.
  • Achieved Coal production of59.61 LTwith 30% growth as compared to45.99 LT in H1 of FY 2023-24.
  • Achieved Gross Power Generation of14,192.18MUwith 9% growth as compared to 13,009.78 MU in H1 of FY 2023-24. This includes RE Power Generation of 1,136.08 MU.
  • Achieved Plant Availability Factor (PAF)of 79.19%with 12% growth as compared to 70.53% in H1 of FY 2023-24with respect to Thermal plants.

Key Highlights – Group Financial Performance – H1 of FY 2024-25

  • Earned Revenue from operations ofRs.7,033.32 Cr as against Rs.6,294.02 Cr in the corresponding period of the previous year, registering a growth of 12%.
  • Earned Total Income of Rs.8,010.71 Cr as against Rs.6,662.51 Cr in the corresponding period of the previous year, registering a growth of 20%.

Earned Profit After Tax (PAT) of Rs.1,549.10 Cr as against Rs.1,499.51 Cr in the corresponding period of the previous year, registering a growth of 3%.