$NLCINDIA

NLC India shares are expected to remain in focus on June 15 after the company was declared the preferred bidder for the Govindpur vanadium, titanium, and aluminous laterite block located in Telangana's Sangareddy district. The achievement comes after NLC India successfully participated in the e-auction of critical and strategic mineral blocks conducted by the Ministry of Mines. In another key development, Neyveli Uttar Pradesh Power Limited (NUPPL)—a joint venture between NLC India (51% stake) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) (49% stake)—announced the commercial operation declaration (COD) of Unit-3, a 660 MW unit at the Ghatampur Thermal Power Project. Earlier, on June 10, NLC India signed a Memorandum of Understanding (MoU) with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, to jointly develop beneficiation and extraction technologies for critical and strategic minerals.