NLCIL poised to play major role in energy sector with multiple diversification initiatives: CMD

The 69th Annual General Meeting (AGM) of NLC India Limited, a Navratna Central Public Sector Enterprise under the administrative control of the Ministry of Coal, Government of India, was held on 27.09.2025 at the Lignite Hall through Video Conferencing (VC).  The meeting was presided over by Shri Prasanna Kumar Motupalli, Chairman & Managing Director. Board Members including Sanoj Kumar Jha, Government Nominee Director (through VC), Dr. Suresh Chandra Suman, Director (Mines) & Director (Planning & Projects) Addl. Charge, Samir Swarup, Director (Human Resource), M Venkatachalam, Director (Power), Dr. Prasanna Kumar Acharya, Director (Finance), Independent Directors Dr. Vasant Ashok Patil, M T Ramesh, Pradeep Kumar Saraogi (through VC) and Shri Prashant Vinay Kaushik, Company Secretary & Compliance Officer participated. Prasanna Kumar Motupalli, CMD, shared the Company’s financial and operational performance, sectoral outlook, expansion initiatives, Safety, Environmental and Social commitments and opportunities ahead. He stated that NLCIL had reported a consolidated Profit Before Tax (PBT) of ₹3,696.93 Crore and Profit After Tax (PAT) of ₹2,713.61 Crore marking a growth of 28.29% and 45.30% respectively over the previous year.  He also said that the revenue from operations stood at ₹15,282.96 Crore while the total income was ₹16,889.45 Crore, reflecting a growth of 17.55% and 21.08% respectively. He announced a dividend payout of 30%, including interim dividend. Declaring that NLCIL had laid out a clear roadmap for sustainable growth, he outlined the diversification strategy of the company in working on new projects including Renewable Energy projects, Over Burden (OB) to M-Sand, Lignite to Methanol and Battery storage. Further, Green Hydrogen generation plant, EV Charging stations and Lignite to diesel are being taken up on Pilot Scale under Clean Energy, he affirmed.  Later, CMD, NLCIL interacted with shareholders through VC and answered all queries to their satisfaction. The AGM served as a platform to engage with Shareholders, highlight the Company’s strong performance, outline growth strategies and reaffirm its commitment to sustainable value creation for all stakeholders.