NLC India Ltd Q3 FY26 Results

Summary

NLC India Ltd has reported the highest ever revenue from operations and profit after tax for nine months in FY 2025-26. The company has achieved a commercial operation declaration for NUPPL GTPP’s Unit Il (660 MW) of 1,980 MW. The Talabira Mine achieved the highest single day coal production and dispatch. Pachwara South Open Cast Mines has commenced mining operations. A 300 MW SPP at Barsingsar has been commissioned. NLCIL has signed a coal mining agreement and a green loan agreement. NIRL has signed JV agreements and MoUs for development of renewable energy projects. NLC India Limited has won several awards for financial reporting and performance.

Key Highlights

1. 1

   NUPPL GTPP’s Unit Il (660 MW) of 1,980 MW has successfully achieved Commercial Operation Declaration (COD) on 9' December 2025.

2. 2

   Talabira Mine achieved Highest single day coal production of 1,01,040 Tonnes on 30' December 2025, & Highest single day Coal dispatch of 91,124 Tonnes on 31% December 2025.

3. 3

   Pachwara South Open Cast Mines has commenced mining operations on 19' December 2025. Coal production expected in Q4 2025-26.

4. 4

   Commissioned 300 MW SPP at Barsingsar on 23° January 2026. This is highest capacity single location Solar Plant for NLCIL.

5. 5

   Received LoA from National Capital Region Transport Corporation Limited (NCRTC) for the development of 110 MW (AC) Grid Connected Solar PV Power Project in the State of Uttar Pradesh under Captive Mode.

6. 6

   Signed Coal Mining Agreement for development and operation of North Dhadu (Western Part) coal mine under MDO mode.

7. 7

   Signed its maiden Green Loan agreement with Sumitomo Mitsui Banking Corporation (SMBC) under the ECB framework, amounting to JPY 15.464 billion (USD 100 million), to fund renewable energy projects through its subsidiary NIRL.

8. 8

   NIRL signed a JV agreement with PTC India Ltd, for development of 2000 MW of green energy capacity and formation of JV company is in progress.

9. 9

   NIRL and OREDA signed an MoU to jointly develop solar, hybrid, rooftop, and energy-storage projects in the State of Odisha.

10. 10

    Hon'ble Union Minister of State for Coal and Mines, Govt. of India laid foundation stone for Neyveli Neer project (Capacity - 1 Lakh Litres per Day).

11. 11

    Mining Plan and Mine Closure Plan of the North Dhadu (Western Part) coal mine was approved by the Coal Controller Organisation, MoC

12. 12

    Business Transfer Agreement was signed between NLCIL and NIRL for transfer of RE Assets from NLCIL to NIRL and the same has been transferred w.e.f 01.01.2026.

13. 13

    NIRL has signed a long-term PPA with SUVNL for development of 200 MW Wind Power Project.

14. 14

    Gazette notification under section 7(1) of CBA (A&D) Act, 1957 issued by Gol for Machhakata (Revised) Coal Mine, Angul, Odisha which will facilitate land acquisition.

15. 15

    LoA issued for establishment of 4 MW PEM Electrolyser based Green Hydrogen Plant in Neyveli.

16. 16

    DIPAM has accorded approval for the formation of a Joint Venture between NIRL and MAHAPREIT to collaborate in the field of renewable energy.

17. 17

    NLC India Limited has won the Silver Shield at the ICAl Awards for Excellence in Financial Reporting 2024-25 at WOFA, Delhi.

18. 18

    NLC India Limited (NLCIL) secured 2nd Rank in the PRS! Awards for the Annual Report for FY 2024 25.

19. 19

    NLCIL won the SKOCH Award for Corporate Excellence in Financial Performance.

20. 20

    Cash realisation from debtors crossed ₹10,000 crore, reaching ₹10,242 crore.

21. 21

    Declared Interim Dividend of 36% i.e. = 3.60 per share on the paid up Equity Share Capital for FY 2025-26, highest since last five years.

22. 22

    Recorded Capex of ₹6,242 Crore (Upto Dec 2025) exceeding FY 2025-26 Annual Target by 23%.

23. 23

    Under the MoU evaluation by DPE, NLCIL received an “Excellent” rating for FY 2024-25.