+
NLC India sees lignite production rise 22% to 6.17 mnt in Q1 FY 24-25
COAL & MINING

NLC India sees lignite production rise 22% to 6.17 mnt in Q1 FY 24-25

NLC India Ltd reported a 22.12% increase in lignite production, reaching 6.172 million tonnes (mnt) in the first quarter of the current fiscal year, compared to 5.054 mnt in the same period last year.

Coal production also saw a significant rise of 35.27%, totalling 2.846 mnt. The state-owned firm's gross power generation increased to 7,553.62 MU, including 546.63 MU of renewable power.

Additionally, the company's market capitalisation grew by 5.28%, rising from Rs 228.10 per share to Rs 240.15 per share.


(Source: ET)

NLC India Ltd reported a 22.12% increase in lignite production, reaching 6.172 million tonnes (mnt) in the first quarter of the current fiscal year, compared to 5.054 mnt in the same period last year. Coal production also saw a significant rise of 35.27%, totalling 2.846 mnt. The state-owned firm's gross power generation increased to 7,553.62 MU, including 546.63 MU of renewable power. Additionally, the company's market capitalisation grew by 5.28%, rising from Rs 228.10 per share to Rs 240.15 per share. (Source: ET)

Next Story
Infrastructure Transport

FIL Industries to Raise Rs 2 Billion for Ropeway Expansion

FIL Industries is set to expand its ropeway infrastructure business and aims to raise Rs 2 billion through equity funding to support this growth, according to Executive Director Syed Junaid Altaf.The company has already invested approximately Rs 7.5 billion across three projects—Skyview by Empyrean at Patnitop, Dehradun-Mussoorie, and Yamunotri-Kharsali. Looking ahead, FIL intends to develop an additional four to five ropeway projects over the coming years.To streamline financing, FIL plans to consolidate all current and upcoming ventures under a single Special Purpose Vehicle (SPV), which w..

Next Story
Infrastructure Urban

KSH Infra to Invest Rs 5.5 Billion in Tamil Nadu Park

KSH INFRA, a leading Indian developer of sustainable Grade A industrial and logistics infrastructure, has announced plans to invest Rs 5.5 billion in a new industrial park in Tamil Nadu. This will be the company’s second park in the state, located in the fast-growing Sriperumbudur-Oragadam belt, and spread across 60 acres of freehold land with a development potential of 1.6 million square feet.With approximately 600 metres of direct frontage along the adjacent Other District Road, the site offers robust multimodal connectivity. The under-construction Chennai–Bangalore Expressway (NE7) is s..

Next Story
Infrastructure Transport

Visakhapatnam Port Gets Rs 2.76 Billion Upgrade Boost

Visakhapatnam Port is set to undergo a significant infrastructure overhaul with the Union Ministry of Ports, Shipping & Waterways launching and inaugurating capacity-building projects worth Rs 2.76 billion. These upgrades aim to strengthen cargo handling, improve vessel traffic management, and enhance public amenities, positioning the port as a modern logistics hub on India’s eastern coast.Union Minister Sarbananda Sonowal laid the foundation for six key projects totalling Rs 1.16 billion. These include a new B-Ramp within the port (Rs 334.9 million), a finger jetty with a wharf at the f..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?