Public Sector Unit News

NLC India Limited Strengthens Long-Term Growth Strategy on 70th Raising Day

Marking the company’s Platinum Jubilee and seven decades of operations in India’s mining and energy industry, NLC India Limited (NLCIL) commemorated its 70th Raising Day as “Gratitude Day” on Wednesday.

Jambulinga Mudaliar, whose land donation allowed the company to be established, was first honoured with floral tributes at the ceremonies. At the Corporate Office, under the auspices of Chairman and Managing Director (CMD) Prasanna Kumar Motupalli, former CMDs, directors, senior officials, employee representatives, and stakeholders witnessed the hoisting of NLCIL flags throughout all units.

Recognising NLCIL’s role in nation-building and sustainable energy development, the Department of Posts published a Special Cover entitled “70 Years of Energising the Nation with Sustainability” to honour the milestone.

In his address to staff and stakeholders, Chief Management Director Prasanna Kumar Motupalli praised NLCIL’s seven-decade history, attributing its success to the dedication of previous workers and forward-thinking management.

During his remarks, he emphasised that the 70th anniversary of NLCIL will provide the groundwork for all future endeavours, and he asked staff to help shape the company’s future progress.

Motupalli received greetings from Union Coal and Mines Minister G. Kishan Reddy, Minister of State for Coal and Mines Satish Chandra Dubey, and officials from the Ministry of Coal during a formal evening function.

In addition to praising Jambulinga Mudaliar, he thanked the Central and Tamil Nadu governments, workers, unions, contractors, banks, and communities for their roles in the company’s transition from a mining business to an integrated energy organization.

Motupalli praised NLCIL’s achievements in FY26, noting that the company had gains in its conventional and renewable energy divisions.

As a result of increased investor confidence and growth strategies, he said, the company’s market value jumped from small-cap to mid-cap, from about Rs 9,000 crore to more than Rs 50,000 crore.

A capital investment program of Rs 1.25 lakh crore, a tripling of thermal power generation, a sevenfold increase in solar power generation, and a doubling of mining output are all long-term growth ambitions that the CMD reaffirmed for NLCIL.

While promising steps to enhance infrastructure and road safety in Neyveli Township, he also praised the company’s work on government-led projects like Swachh Bharat and Hindi Pakhwada.

In honour of the occasion, NLCIL published a book called “Milestones & Momentum of NLCIL 2025-26” that details the accomplishments and accolades bestowed upon the firm in the previous fiscal year.

The “Reward and Recognition” program also served to celebrate retiring workers and recognise groups and individuals for their contributions to the company’s success in areas such as efficiency, safety, and overall performance.

At the end of the occasion, employees, representatives from trade unions, welfare associations, and members of the public were entertained with a cultural program put on by students from NLC schools.

Disclaimer: All news articles are sourced through valid sources, and Business Unlimited (BU) doesn’t have any exclusive rights on these pieces. If BU features any exclusive story or article, it will be marked as Exclusive Story.

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