NLC India Commissions 52.83 MW Solar Power Project At Barsingsar

NLC India Limited (NLCIL), a Navratna Government of India enterprise, has marked a milestone in its renewable energy journey with the commissioning of a new solar power project. Alongside this operational achievement, the company has reported a strong set of financial results for the first quarter of FY 2025-26, reflecting growth across key metrics.

Solar Power Project Commissioned

The company has successfully commenced commercial operations of the first phase of its 300 MW solar power project at Barsingsar, Rajasthan. This first phase adds 52.83 MW to the grid, with the commissioning certificate issued by the Rajasthan Renewable Energy Corporation Limited. The project is expected to play a significant role in expanding the company’s renewable capacity.

NLC India’s Q1 Earnings Results

For Q1 FY 2025-26, NLCIL Group reported a total income of ₹4,115 Crore compared to ₹3,642 Crore in the same quarter of the previous year, registering a 13% increase. Profit After Tax surged 48% year-on-year to ₹839 Crore, up from ₹566 Crore in Q1 FY 2024-25.

Capex Achievement

The company achieved capital expenditure of ₹1,925 Crore in Q1 FY 2025-26, exceeding its target of ₹1,708 Crore by 113%. This demonstrates its commitment to project execution and capacity enhancement.

MoU With Bhabha Atomic Research Centre

NLC India has also signed a landmark Memorandum of Understanding with the Bhabha Atomic Research Centre to develop technology for extracting rare earth elements from fly ash. This initiative is expected to support India’s strategic needs for critical minerals.

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NLC India Share Price Performance

NLC India share price is down by over 1% as of 10:58 AM on August 28, 2025.

Conclusion 

NLC India’s commissioning of the 52.83 MW solar project highlights its growing focus on renewable energy. Strong Q1 results and strategic initiatives further underline its commitment to sustainable growth.

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