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NLC India Limited ( (IN:NLCINDIA) ) has shared an update.
Neyveli Uttar Pradesh Power Limited, a joint venture of NLC India Limited and U.P. Rajya Vidyut Utpadan Nigam with a 51:49 equity structure, is developing a 3 x 660 MW Ghatampur Thermal Power Plant in Uttar Pradesh. To secure fuel for this project, the venture was allotted the Pachwara South Coal Block in Jharkhand, which has now been fully explored.
The Pachwara South Coal Block holds 264.84 million tonnes of extractable coal reserves with a normative mining capacity of 9 million tonnes per annum and an average G10 grade. Following the start of overburden removal in December 2025, NUPPL has now commenced coal production at the Pachwara South Open Cast Project, marking a key milestone in fuel security and operational progress for the Ghatampur power plant.
More about NLC India Limited
NLC India Limited is a Government of India Navratna enterprise operating in the power and mining sectors, with a focus on lignite and coal-based electricity generation. Through joint ventures such as Neyveli Uttar Pradesh Power Limited with U.P. Rajya Vidyut Utpadan Nigam, the company is expanding its presence in thermal power projects across key Indian states.
Average Trading Volume: 109,629
Technical Sentiment Signal: Strong Buy
Current Market Cap: 374.9B INR
For a thorough assessment of NLCINDIA stock, go to TipRanks’ Stock Analysis page.