NE BUSINESS BUREAU
CHENNAI, JULY 3
The state-owned NLC India Limited (NLCIL), a Navratna company under the coal ministry, on Tuesday announced it has achieved 22.12%, 61.72 LT, growth in Lignite production during in the first quarter of the ongoing fiscal. The company’s lignite output was 50.54 LT in the year-ago period.
The Company has raised its Coal production to 28.46 LT which is 5.27% growth during Q1 of FY 2024-25 when compared to Q1 of FY 2023-24 i.e. 21.04 LT.
The Company has raised its Lignite and Coal production to 90.18 LT which is .98% growth during Q1 of FY 2024-25 when compared to Q1 of FY 2023-24 i.e. 71.58 LT.
The company’s gross power generation increased to 7,553.62 MU in the June quarter over 6,843.09 MU in the year-ago period.
“This includes renewable power generation of 546.63 MU as against 539.28 MU of Q1 of FY24,” it said.
The company’s market capitalisation rose 5.28 per cent – from Rs 228.10 per share to Rs 240.15.