{"id":3720,"date":"2024-08-29T10:52:42","date_gmt":"2024-08-29T05:22:42","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=3720"},"modified":"2024-08-29T10:52:43","modified_gmt":"2024-08-29T05:22:43","slug":"nlc-india-shares-gain-3-after-signing-200-mw-solar-power-supply-agreement","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/nlc-india-shares-gain-3-after-signing-200-mw-solar-power-supply-agreement\/","title":{"rendered":"NLC India Shares Gain 3% After Signing 200 MW Solar Power Supply Agreement"},"content":{"rendered":"\n<p>NLC India shares climbed over 3% in early trading on August 29 following the company&#8217;s announcement of a power usage agreement in Hyderabad.<\/p>\n\n\n\n<p>As of 09:23 am, NLC India was trading at \u20b9286.50 on the BSE, reflecting a 3.75% increase.<\/p>\n\n\n\n<p>The accord signed with Telangana State DISCOMs is about a 200 MW solar power project, which would be developed under the CPSU scheme. The 25-year proposed project would yield about 1,300 crore units of green power and mitigate around 90 lakh tons of carbon emissions during its lifespan.<\/p>\n\n\n\n<p>NLCIL also proposes to adopt the latest technologies such as single-axis trackers and domestically produced high-efficiency modules under the Atma Nirbhar Bharat Make-in-India initiative. The project is likely to be commissioned by June 2025.<\/p>\n\n\n\n<p>The financial performance of the company continued to be strong, with the net profit growing 38% to \u20b9559.42 crore for the quarter ended June 2024.<\/p>\n\n\n\n<p><em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>media@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source:\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/stocks\/nlc-india-signs-power-usage-agreement-to-supply-200-mw-green-power-shares-up-3-12809293.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/stocks\/nlc-india-signs-power-usage-agreement-to-supply-200-mw-green-power-shares-up-3-12809293.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NLC India shares climbed over 3% in early trading on August 29 following the company&#8217;s announcement of a power usage agreement in Hyderabad. As of 09:23 am, NLC India was trading at \u20b9286.50 on the BSE, reflecting a 3.75% increase. The accord signed with Telangana State DISCOMs is about a 200 MW solar power project, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[306],"class_list":["post-3720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-nlc-india-agreement"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=3720"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3720\/revisions"}],"predecessor-version":[{"id":3723,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3720\/revisions\/3723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/3722"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=3720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=3720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=3720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}