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NLC India Ltd forays into power trading

NLC India Limited (NLCIL), the pioneer in Lignite Mining and Power Generation has transformed itself to an energy major with its business ventures into Coal Mining, Coal based Power Generation and Generation of Power from renewable (Solar and Wind) in a big way. Now, as a part of its business promotion and diversification plan NLCIL has joined the league of Accredited Power Traders in the country with CERC granting it Category I Licence for power trading.NLCIL took up to trading of Un-Requisitioned Surplus Power (URS) in the year 2016 through NTPC Vidyut Vyapar Nigam limited (NVVN) and earned a revenue of Rs.134 Crs from power trading in the year 2016-17 which went up to Rs.294 Crs in the year 2017-18. Now NLCIL will take up trading of powe.....

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