NLC India Share Price Gains Over 2% as Company Named Preferred Bidder for Critical Mineral Blocks

NLC India Limited has been announced as the preferred bidder for a strategic mineral block in Telangana.  

This development follows an e-auction conducted by the Ministry of Mines, Government of India, on June 11, 2026. 

NLC India Limited's Successful Bid 

On June 11, 2026, NLC India Limited emerged as the preferred bidder for the Parvathapur Vanadium, Titanium, and Aluminous Laterite block located in Sanga Reddy, Telangana.  

This outcome was the result of the Critical & Strategic mineral blocks e-auction organised by the Ministry of Mines, Government of India. 

Details of the Mineral Block Auction 

The auction was part of a strategic initiative by the Ministry of Mines to allocate critical mineral resources efficiently.  

NLC India Limited's successful bid highlights its strategic interest in expanding its mineral resource base. 

Company Information 

NLC India Limited, a 'Navratna' Government of India Enterprise, is headquartered in Chennai, Tamil Nadu.  

The company is engaged in mining and power generation activities and is expanding its portfolio to include critical minerals. 

Read More: NLC India Company Signs MoU With CSIR-CECRI for Critical Minerals Research! 

NLC India Share Price Performance 

As of June 12, 2026, at 12:14 PM, NLC India share price on NSE was trading at ₹317.10 up by 2.17% from the previous closing price. 

Conclusion 

NLC India Limited's designation as the preferred bidder for the Parvathapur mineral block in Telangana marks a strategic expansion in its resource portfolio. The e-auction conducted by the Ministry of Mines on June 11, 2026, facilitated this allocation. 

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