NLC India Ltd investor presentation has been released.
https://www.nlcindia.com/new_website/news/nlc_pnvestor_presentation_20170328.pdf
Key highlights below for the 2025 growth plan indicate Coal + Lignite a key focus.
Current power sector in India heavily reliant on coal as a source.
NLC growth plan to 2025 key highlights are the additional capacity focus on coal. With the world so focused on cleaner energy + renewables, the abundance of lignite + coal resources available in India is also highlighted in the presentation + the NLC focus on these resources are only optimised by ECT technology + the bonus of reducing emissions to align with a cleaner energy world.
Turnbull is set to arrive in India on 9 April. Let's hope the MPA is ready for signing by then.
Market is waiting for the signing + a new shareholders to the registry are needed.
GLTAH.
SVG
NLC press release, page-21
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