NLC India's Strategic Move Towards Clean Energy

In a significant step towards securing critical minerals for India's energy transition, NLC India, a state-owned enterprise, is in advanced negotiations with a Russian government-backed entity. The talks aim to secure lithium supplies from a mine in Africa, highlighting India's commitment to clean energy objectives.

This initiative is part of India's broader strategy to ensure a steady supply of lithium, essential for electric vehicle battery production and renewable energy projects. The focus is not only on international sources but also on domestic exploration and development of lithium blocks.

Expanding Horizons: NLC India's Diversified Portfolio

Originally known for coal and lignite mining alongside power generation, NLC India has diversified into renewable energy and coal mining ventures both within India and internationally. The company recently acquired phosphorite and limestone blocks in Chhattisgarh, marking its entry into strategic mineral mining.

With a consolidated profit reaching Rs 468.46 crore for the quarter ending March 2025, NLC India demonstrates strong financial health and strategic growth in the energy sector.