+
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. 

Next Story
Infrastructure Transport

Mumbai–Pune Link to Bypass Ghat Ready by December

A 13-kilometre connector on the Mumbai–Pune Expressway, designed to bypass the congested and accident-prone Lonavala–Khandala ghat section, is set to be completed by December. The Maharashtra State Road Development Corporation (MSRDC), overseeing the project, has confirmed that construction is in its final stages.Currently, the 19-kilometre stretch between Khopoli and the Sinhgad Institute forces vehicles to navigate narrow, winding ghat roads. Once operational, the new link will allow motorists to skip this stretch entirely, easing congestion and improving safety.Handling around 75,000 ve..

Next Story
Infrastructure Transport

Metro Line 4, Flyover Open to Ease Thane Traffic

In a bid to streamline transport and ease mounting congestion, the Maharashtra government has inaugurated two major infrastructure projects in Mumbai: Metro Line 4 and Phase 1 of the Kasarvadavli Flyover. The newly opened 800-metre flyover is now operational, offering commuters faster transit between Thane and Gaimukh.Transport Minister Pratap Sarnaik formally opened the flyover, which lies parallel to the under-construction Metro Line 4 corridor. Built to decongest the heavily trafficked Ghodbunder junction, the structure enables seamless movement for vehicles bypassing the bottleneck.Designe..

Next Story
Resources

Pidilite Industries Marks World Youth Skills Day by Strengthening Skilling Initiatives

On the occasion of World Youth Skills Day, Pidilite Industries, a leading manufacturer of adhesives, sealants, construction chemicals and art materials, reaffirmed its commitment to youth empowerment through vocational training and digital tools. With the construction and real estate sectors in India expected to generate 30 million jobs by 2030, skilling is seen as a critical enabler for the country’s growth. Pidilite has trained over one lakh youth through its various initiatives, spanning trades such as plumbing, waterproofing, woodworking, construction, organic farming, interior desi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?