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This Article is From Nov 23, 2022

NLC India - Capacity Addition To Exhibit Considerable Revenue Growth: HDFC Securities Initiates Coverage

NLC India - Capacity Addition To Exhibit Considerable Revenue Growth: HDFC Securities Initiates Coverage
Open cast coal mining in  Talabira carried out by NLC India Ltd. (Source: Company website)

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

HDFC Securities Retail Research

NLC India Ltd. is an integrated power company having captive lignite and coalmines and a consolidated generation capacity of 6061 mega watt. It is a CPSE with ‘Navratna' status under direct administrative control of the Ministry of Coal.

The company was incorporated in 1956 and has a long operating history with significant contribution in lignite production in the country. It operates four open cast lignite mines with current capacity of 30.6 million tonnes per annum, namely Mine I, Mine IA, Mine II and Barsingsar Mine.

It also operates an open cast coalmine, Talabira II and III having current capacity of 20.0 mtpa.

NLC India has lignite thermal power generation capacity of 3640 mega watt, with four pithead power plants at Neyveli, Tamil Nadu, one pithead power plant at Barsingsar, Rajasthan and a 1000 mega watt coal plant through joint venture (NTPL) in Tamil Nadu.

The company also has solar energy capacity of 1370 mega watt and wind energy capacity of 51 mega watt.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

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