NLC INDIA PARTNERS WITH EDF OF FRANCE FOR NUCLEAR PROJECTS

Public sector mining-cum-power generation company

has signed an agreement with Électricité de France (EDF) for exploring potential development of nuclear projects in India. The French government-owned EDF is the largest nuclear operator globally and has experience operating pressurised water reactors. India has an ambitious target of achieving 100 GW of Nuclear power capacity by 2047 to support it's Viksit Bharat and Net Zero Carbon. has seen a strong participation from Foreign Institutional Investors (FII) wherein they have increased their stake from 2.91% in Mar25 to 3.61% in Mar26. Moreover, the stock price has crossed above it's resistance level of Rs 300 per share and is now in an upward trend. This new deal could suggest a strong revenue for the company in the coming years.