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NLC India

#3181

Rank

$3.7B

Marketcap

IN India

Country

NLC India
Leadership team

Mr. Rakesh Kumar (Chairman & MD)

Mr. Kalasani Mohan Reddy (Director of Planning & Projects and Director)

Mr. Shaji John (Director of Power & Whole Time Director)

Products/ Services
Energy, Energy Management, Mining, Mining Technology
Number of Employees
1,000 - 20,000
Headquarters
Chennai, Tamil Nadu, India
Established
1956
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
NLCINDIA.NS
Social Media
Overview
Location
Summary
NLC India Limited operates in the mining and power generation business in India. It operates in two segments, Lignite Mining and Power Generation. The company generates power through thermal, wind, and solar power plants. The company also mines for lignite and coal. It operates three open cast lignite mines with total capacity of 30.6 MTPA in Neyveli, state of Tamil Nadu; and one open cast lignite mine in Barsingsar, state of Rajasthan; and one open coal mine, Talabira II and III with a mining capacity of 20 MTPA in Odisha. NLC India Limited sells its raw lignite to small scale industries for use it as fuel in their production activities. The company was formerly known as Neyveli Lignite Corporation Limited and changed its name to NLC India Limited in April 2016. NLC India Limited was incorporated in 1956 and is based in Neyveli, India.
History

Lignite deposit was found by chance when some 'brown substance' gushed out with water in Rao Bahadur M. Jambulingam Mudaliar's 620 acre own farm artesian well during 1934. He acted swiftly and contacted the then British Raj, which sent geologists to Neyveli. It was later identified as 'Lignite'. He generously extended substantial portion of the sprawling land-bank for soil exploration. Through his effort and donated his 620 acres land to the Madras Government.

NLC has been a forerunner in the country in the energy sector for 62 years, contributing a lion's share in lignite production and significant share in thermal power generation. It was inaugurated by the first Prime Minister Jawaharlal Nehru in 1956.

NLC operates four opencast lignite mines of a total capacity of 30.6 million tonnes per annum at Neyveli and Barsingsar; Six lignite based pithead thermal power stations with an aggregate capacity of 3640 MW – at Neyveli and Barsingsar; and a 1000 MW coal based thermal power Station at Thoothukudi, Tamil Nadu through its subsidiary, NLC Tamil Nadu Power Limited , a joint venture between NLC and TANGEDCO . NLC recently commissioned a 1x500 MW unit at Neyveli which is also Asia's largest lignite fired boiler.

NLC has also forayed into renewable energy sector with commissioning of a 141 MW Solar Photo Voltaic Power Plant including 1 MW rooftop project at Neyveli and a 51 MW wind energy plant at Kazhuneerkulam village of Tirunelveli district in Tamil Nadu. The company is also setting up 1209 MW Solar Power Projects at Tirunelveli, Virudhunagar and Ramanathapuram districts of Tamil Nadu, of which, 300 MW have been commissioned. NLC is aiming to achieve a total renewable energy capacity of 4251 MW.

NLCIL has a target of becoming a 20,000+ MW company by 2025. Works are under progress for the lignite based Neyveli New Thermal Power Plant , Bithnok TPS and Barsingsar TPS Expansion . Further, NLC, jointly with the Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited , is setting up a 3x660 MW coal based thermal power plant at Ghatampur in Uttar Pradesh, through its subsidiary company Neyveli Uttar Pradesh Power Limited . Apart from the above, the addition of thermal capacity to the tune of 6040 MW by way of installation of new plants and acquisition of power assets to the tune of 3000 MW is in the pipeline.

NLC has also contributed significantly to the socio-economic development for more than half a century.

The Business portfolio of the company is as under:

Mission
NLC India Limited is committed to maximizing value for stakeholders by responsibly utilizing natural resources entrusted to us and developing a sustainable mining environment.
Vision
To be a world-class power generating company and a leader in clean energy through technological leadership in lignite mining, power generation and renewable energy globally.
Key Team

Mr. R. Udhayashankar (Company Sec. & Compliance Officer)

Mr. Y. Joe Stephen Dominic (Chief Gen. Mang. of HR & CO)

Mr. N. Sadish Babu (Exec. Director of HR)

Mr. V. Manoharan (Chief Gen. Mang. of Card)

Mr. C. Thiagaraju (Chief Gen. Mang. of HR & CO)

Mr. N. Raguraman (Chief Gen. Mang. of NNTPP)

Mr. S. Gurusamynathan (Chief Gen. Mang. of Vigilance)

Recognition and Awards
NLC India Limited has been accredited with several awards from the World Bank, International Labour Organization and Bureau of Energy Efficiency, Government of India.
References

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NLC India
Leadership team

Mr. Rakesh Kumar (Chairman & MD)

Mr. Kalasani Mohan Reddy (Director of Planning & Projects and Director)

Mr. Shaji John (Director of Power & Whole Time Director)

Products/ Services
Energy, Energy Management, Mining, Mining Technology
Number of Employees
1,000 - 20,000
Headquarters
Chennai, Tamil Nadu, India
Established
1956
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
NLCINDIA.NS
Social Media