NLC India Limited has signed a coal mining agreement with GRN North Dhadu Coal Mine Private Limited for the operation and development of the North Dhadu Western Part Coal Mine under the mine developer and operator (MDO) model. The agreement was executed on December 30, 2025, following a global tendering process.

This marks the first commercial coal mine secured by NLC India through the auction process conducted by the Ministry of Coal. The mining plan and mine closure plan for the block were approved by the ministry on November 20, 2025, while other statutory clearances, including environmental and forest approvals, are currently under process.

The North Dhadu Western Part coal mine holds extractable reserves of over 110 million tonnes, with a rated production capacity of 3 million tonnes per annum. The coal from the block is classified under G12 grade, supporting thermal power generation requirements.

Shares of NLC India Limited were last trading at Rs 253.45 on the BSE, compared with the previous close of Rs 256.40. During the session, the stock touched an intraday high of Rs 257.40 and a low of Rs 252.50. A total of 50,911 shares were traded across 1,252 transactions, with a net turnover of about Rs 12.9 million.