NLC India Secures Odisha Coal Mine with 1.38 Billion Tonnes Capacity

18 Jul 2024 CW Team

NLC India Limited has achieved a major milestone by securing a coal mine in Odisha with a substantial capacity of 1.38 billion tonnes. This acquisition underscores the company's strategic move to bolster its coal reserves and strengthen its position in the energy sector.

The newly acquired coal mine, located in Odisha, is expected to enhance NLC India's operational capabilities and ensure a reliable supply of coal for its power generation activities. The acquisition aligns with the company's long-term growth objectives and reinforces its commitment to meeting India's energy demands efficiently.

NLC India's strategic expansion into Odisha's coal sector is set to generate positive economic impacts by creating employment opportunities and supporting local infrastructure development. The coal mine's significant capacity represents a crucial asset in NLC India's portfolio, enabling the company to sustainably meet the energy needs of the nation.

Furthermore, the acquisition highlights NLC India's proactive approach in securing strategic resources critical for fueling India's economic growth trajectory. It positions the company to capitalize on emerging opportunities in the energy market while contributing to the country's energy security goals.

Overall, NLC India's acquisition of the Odisha coal mine underscores its commitment to operational excellence and sustainable growth, reinforcing its pivotal role in India's energy landscape and strategic resource management.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..