Latest news with #NLCIndiaLtd.
Time of India
13-07-2025
- Business
- Time of India
NLC India in advanced talks with Russian firm for sourcing lithium
Centre-owned NLC India Ltd. has planned to source lithium from Africa . The company is at the closing stage of discussions with a Russian government-owned company for sourcing lithium from its mine in Africa. As India is taking measures to ensure a stable supply of lithium to meet the country's clean energy demand, such deals are crucial for the economy and Indian industries. NLC India is in talks with a public sector company of Russia for equity participation in a lithium block in Mali, Africa, sources aware of the development said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Inilah tren terbaru dalam desain dapur tahun 2025 (Klik di sini untuk menonton) Renovasi Dapur | Iklan Pencarian Pelajari Undo The demand for lithium, a critical mineral, is growing in India as electric vehicle battery manufacturers expand. Hence, the country is focusing on exploring and developing lithium blocks both in the domestic market and overseas. The core business of this NLC India includes coal and lignite mining and power generation. Additionally, the company has diversified into the renewable energy and coal mining business in India and abroad. Live Events The company had bagged two critical and strategic mineral blocks in the fifth round of auction. It won two phosphorite and limestone blocks in the state of Chhattisgarh . NLC India Ltd reported an over four-fold jump in its consolidated profit at Rs 468.46 crore in the quarter ended March 2025. The company had posted a consolidated profit of Rs 113.95 crore in the year-ago period.
Time of India
29-06-2025
- Business
- Time of India
NLC India secures Letter of Award from NTPC Ltd for hybrid power project
Synopsis NLC India Ltd. has secured a Letter of Award from NTPC Ltd. to establish a 450 MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project in Rajasthan. The project, split between Bikaner (300 MW) and Bhuj (150 MW), will supply hybrid power to NTPC for 25 years under a Power Purchase Agreement, with supply commencing within 24 months.
