Image Source: NorthEastJob.in
NLC India Ltd (NLCIL) has announced a series of strategic achievements, reinforcing its position as a key player in India’s energy and mining sectors. The company’s latest moves span coal supply agreements, major mine acquisitions, and a significant power generation milestone.
Key Highlights:
DVC Coal Supply MoU: NLCIL signed a Memorandum of Understanding with Damodar Valley Corporation (DVC) for the supply of 2.0 million tonnes per annum (MTPA) of domestic coal. This agreement, inked in June 2024, ensures a steady supply of coal to DVC, strengthening energy security for both parties.
Major Coal Mine Acquisitions: NLCIL has secured two major coal blocks in Odisha:
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New Patrapara Coal Mine: With an estimated reserve of 720.87 million tonnes and a peak rated capacity of 12 MTPA, this marks NLCIL’s third commercial coal mine, pushing its mining capacity commitment past 100 MTPA in line with its Corporate Plan 2030.
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Machhakata Coal Block: NLCIL emerged as the successful bidder for this block, boasting reserves of 1.38 billion tonnes and a peak capacity of 30 MTPA. This acquisition supports India’s energy security and NLCIL’s target to surpass 100 MTPA mining capacity by 2030.
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Ghatampur Power Plant Commercial Operation: The first unit (660 MW) of the 3x660 MW Ghatampur Thermal Power Plant in Uttar Pradesh has commenced commercial operations. This marks NLCIL’s entry into supercritical power generation and raises its total installed capacity to 6,731 MW.
These milestones underscore NLC India’s aggressive expansion, commitment to energy security, and leadership in coal mining and power generation.
Source: Sarkaritel, MarketScreener, Angel One, PIB, Goodreturns
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