Power stock jumps after receiving order from SJVN for 200 Mw wind power projectPower stock jumps after receiving order from SJVN for 200 Mw wind power project

Introduction:

Leading power company has secured a 200 MW wind power project from SJVN at ₹3.74/kWh. The project will generate 526 MU of clean energy annually, supporting India’s goal of 500 GW non-fossil fuel capacity by 2030.

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Share price movement of NLC India:

On March 3, 2025, NLC India Ltd opened at ₹209.05, up 2.81% from its previous close of ₹206.45. The stock reached a high of ₹211.70 and a low of ₹200.55. By 10:39 AM, it traded at ₹200.65, with a market cap of ₹27,822.86 crore.

NLC India Secures 200 MW Wind Power Project from SJVN:

NLC India Limited (NLCIL), a Navratna company under the Ministry of Coal, has won a 200 MW wind power project from SJVN Limited at ₹3.74/kWh. The project, awarded on February 28, 2025, will significantly enhance India’s renewable energy capacity.

The wind project is expected to generate 526 MU of green energy annually, reducing greenhouse gas emissions. This award expands NLCIL’s wind power portfolio to over 300 MW, strengthening its commitment to sustainable energy and supporting India’s goal of 500 GW non-fossil fuel capacity by 2030.

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NLCIL, which began its renewable energy journey in 2013 with a 51 MW wind project, aims to achieve 10 GW renewable capacity by 2030. This milestone further positions NLCIL as a key player in India’s transition towards clean and sustainable power generation.

Recent news on NLC India:

As of February 05, 2025, NLC India Ltd. secured the Patrapara South Coal Mine in Odisha, with 720.87 million tonnes of reserves and a 12 MTPA capacity, surpassing 100 million tonnes of mining commitments under its corporate plan 2030.

Stock performance of NLC India for Period of 1 week, 6 months and 1 year:

NLC India Limited (NLCIL) has witnessed a decline in performance, with a 4.94% drop over the past week, a 23.9% fall in six months, and a 10.6% decrease over the last year, reflecting ongoing market challenges.

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Shareholding pattern of NLC India:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	72.20%	72.20%	72.20%
FII	2.90%	2.50%	2.20%
DII	18.80%	18.60%	18.10%
Public	6.20%	6.70%	8%

About NLC India:

NLC India Limited (NSE: NLCINDIA) is a Navratna PSU under the Ministry of Coal, with over six decades in lignite mining and power generation. It focuses on sustainability, aiming for 10 GW renewable energy capacity by 2030 through solar, wind, and hybrid projects.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.