+
NLC India in Talks With Russia for Lithium Block in Africa
POWER & RENEWABLE ENERGY

NLC India in Talks With Russia for Lithium Block in Africa

State-owned NLC India is in advanced discussions with a Russian public sector enterprise for equity participation in a lithium block located in Mali, Africa. The move comes as India ramps up efforts to secure a stable supply of lithium—an essential mineral for electric vehicle batteries and clean energy technologies.
According to sources familiar with the matter, the partnership is expected to support India’s strategic ambitions to source lithium from overseas while also developing domestic reserves. The growing demand for lithium in the transition to renewable energy has pushed public sector companies like NLC India to explore international collaborations.
NLC India, traditionally involved in lignite and coal mining and power generation, has diversified into renewable energy and mineral exploration. It recently secured two strategic blocks—phosphorite and limestone—in Chhattisgarh during the fifth round of mineral auctions.
The company also posted a strong financial performance for the March 2025 quarter, with consolidated profit rising over fourfold to Rs 4.68 billion, compared to Rs 1.14 billion in the same period last year. 

State-owned NLC India is in advanced discussions with a Russian public sector enterprise for equity participation in a lithium block located in Mali, Africa. The move comes as India ramps up efforts to secure a stable supply of lithium—an essential mineral for electric vehicle batteries and clean energy technologies.According to sources familiar with the matter, the partnership is expected to support India’s strategic ambitions to source lithium from overseas while also developing domestic reserves. The growing demand for lithium in the transition to renewable energy has pushed public sector companies like NLC India to explore international collaborations.NLC India, traditionally involved in lignite and coal mining and power generation, has diversified into renewable energy and mineral exploration. It recently secured two strategic blocks—phosphorite and limestone—in Chhattisgarh during the fifth round of mineral auctions.The company also posted a strong financial performance for the March 2025 quarter, with consolidated profit rising over fourfold to Rs 4.68 billion, compared to Rs 1.14 billion in the same period last year. 

Related Stories

Gold Stories

Next Story
Real Estate

The Energy-Smart Buildings

Passive design is an integral part of energy-efficient architecture. Sophisticated building systems also contribute to this end. But what role do materials play in enhancing a building’s energy-efficiency?“Material selection is one of the earliest opportunities to influence how a building performs,” says Tejbeer Singh, Principal Architect & Founder, Expressionist by Tejbeer Singh. “The objective is not simply to select materials that look appropriate but to understand how they behave within the climate and construction system.”To read the full article Click Here ..

Next Story
Infrastructure Transport

When the Lowest Bid Comes at a Cost

India's infrastructure sector is building at a scale few markets can match. New highways, expressways, metros, bridges and complex engineering projects are transforming the country's landscape. Yet, behind this rapid expansion is a growing concern within the contracting community: Can infrastructure be delivered sustainably when competition pushes prices below commercially viable levels?For Praveen Sethia, Founder & Director, Infra Advisors, who moderated the discussion, the question goes beyond the contractor's commercial interests. Contractors may be one of the two parties to a contract,..

Next Story
Real Estate

Ultra-Luxury Projects Reshape Gurugram’s Housing Market

Gurugram’s luxury housing market has expanded beyond its traditional prime locations, with corridors such as Dwarka Expressway and Golf Course Extension Road emerging as key centres for premium residential development. Larger homes, integrated developments and amenity-led communities are attracting demand from end-users and investors.A 2025 report by Sotheby’s International Realty in collaboration with CRE Matrix identified Gurugram as India’s fastest-growing ultra-luxury housing market. The city overtook Mumbai in total sales value for homes priced above Rs 10 crore, recording nearly Rs..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code