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NLC India Limited
NLC India's Corporate Office
Company type
Central Public Sector Undertaking
Traded as
BSE: 513683 NSE: NLCINDIA
Industry
Mining and Electric utility
Founded
1956 by the effort of T. M. Jambulingam Mudaliar
Headquarters
Neyveli, Tamil Nadu, India
Products
Lignite and Electric power
Revenue
₹11,592.70 crore (US$1.5 billion)[1] (2020)
Operating income
₹2,345.11 crore (US$290 million)[1] (2020)
Net income
₹1,441.37 crore (US$180 million)[1] (2020)
Total assets
₹53,488.13 crore (US$6.7 billion)[2] (2020)
Total equity
₹12,905.13 crore (US$1.6 billion)[2] (2020)
Owner
Ministry of Coal, Government of India[3]
Number of employees
11,379
(as on 01.01.2023)[4]
NLC India Limited (NLC) (formerly Neyveli Lignite Corporation India Limited) is a central public sector undertaking under the administrative control of the Ministry of Coal, Government of India. It annually produces about 30 million tonnes of lignite from opencast mines at Neyveli in the state of Tamil Nadu in southern India and at Barsingsar in Bikaner district of Rajasthan state. The lignite is used at pithead thermal power stations of 3640 MW installed capacity to produce electricity. Its joint venture has a 1000 MW thermal power station using coal. Lately, it has diversified into renewable energy production and installed 1404 MW solar power plant to produce electricity from photovoltaic (PV) cells and 51 MW electricity from windmills.
It was incorporated in 1956 and was wholly owned by the Government of India. A small portion of its stock was sold to the public to list its shares on stock exchanges where its shares are traded.
^ abc"NLC India Consolidated Profit & Loss account, NLC India Financial Statement & Accounts". moneycontrol.com. Retrieved 3 August 2020.
^ ab"NLC India Consolidated Balance Sheet, NLC India Financial Statement & Accounts". moneycontrol.com. Retrieved 3 August 2020.
^"Latest Shareholding Pattern - NLC India Ltd". trendlyne.com. Retrieved 7 August 2020.
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freedom fighter who gave 620 acres (250 ha) of land to establish NLCIndiaLimited Kurma Venkata Reddy Naidu, Chief Minister of Madras Presidency. Seth...
20 October 2014. "India: The lessons of the NLC betrayal". World Socialist Website. 11 July 2012. Retrieved 20 October 2014. "NLC workers withdraw strike"...
lignite reserves in India, production, supply, distribution and price of coal through the government-owned corporation Coal IndiaLimited and its subsidiaries...
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