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NLC India shares jump 12% as OFS opens for retail investors

Shares of NLC India rose 12% as the government s offer for sale opened on NSE for retail investors today. The government plans to sell 5% stake at a floor price of Rs 212 per share. Apart from this, NLC India recently signed an MOU with the Rajasthan Government for a joint venture to set up power plants. ....

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power plant: NLC India Limited signs MOU with Rajasthan for thermal and renewable energy

Among the notable projects, the MoU outlines the establishment of a 125 MW Lignite Pit-head Thermal Power Plant in Bikaner district and a massive 1,000 MW Solar Power Plant, further reinforcing NLCIL s commitment to renewable energy initiatives. Additionally, a Lol ( limitation of liability) for the setup of an 810 MW solar power plant has already been issued. ....

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