NLC India rises after agreement for coal mine

NLC India

09/12/2024 04:52

** Shares of NLC India  NLCI.NS  rise 2.9% to 274.10 rupees
    ** Mining and power generation firm signs development and
production agreement for New Patrapara South Coal Mine in Odisha
    ** Coal mine has total geological reserve of 720.87 mln
tonnes, peak rated capacity of 12 mln tonnes per year
    ** Stock on track to gain for third straight session, if
current trend holds
    ** NLCI up ~8% YTD

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))