NLC India shares surge after biomass co-firing in thermal plant.

• NLC India, a Navratna company, saw its share price rise by 4.3% after it started using biomass co-firing in its thermal power plant in Tamil Nadu. The company used stubble waste pellets along with coal to generate electricity, which reduced its carbon footprint and environmental pollution.

• The company also reported a 15% increase in its revenue and a 160% increase in its net profit for the second quarter of FY 2024.

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