Rs 50 billion to be raised via bonds after NLC’s board approval

10 May 2023 CW Team

The board of the state-owned NLC India Ltd. approved funding up to Rs 50 billion through the issuance of debentures in the current fiscal year, the company announced. The proposal for the creation of a wholly-owned subsidiary business to take over the current renewable assets also received board approval from the company. "The board of directors approved the following issuance of bonds in the nature of debentures up to Rs 50 billion in tranches during the FY 2023-24," the business stated in a regulatory statement.

NLC India, which falls under the Ministry of Coal, runs three opencast lignite mines in Tamil Nadu's Neyveli with a combined capacity of 30 million tonnes per year (MTPA), one opencast lignite mine in Rajasthan's Barsingsar with an installed capacity of 2.10 MTPA, and an open cast coal mine in Odisha's Talabira with an installed capacity of 20 MTPA. The company also produces power using thermal and renewable energy sources.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..