CMD Shri Prasanna Kumar Motupalli addressed employees, stakeholders, former CMDs, and dignitaries during the grand ...
What Prasanna Motupalli said
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Prasanna Motupalli, CMD of NLC India Limited, addressed the company's 70th Raising Day celebrations, framing the event as Gratitude Day. He thanked the founder who donated land, the government, employees, unions, and local communities. He highlighted the company's financial turnaround, noting a record 18% share price increase on results day and market capitalization growth from 9,000 crores to over 1.5 lakh crores, moving from small-cap to midcap. Motupalli outlined aggressive expansion targets: tripling power generation, doubling mining capacity, and increasing renewable capacity sevenfold, backed by a capex of 1.25 lakh crores. He credited the team for transforming NLC into a performing organization, praised by the Minister for Coal as the most professionally managed company. He mentioned core values framed in February 2023, awards in Swachh Pakwada and Hindi implementation, and initiatives to reduce township accidents to zero. He assured continued employee welfare measures and expressed confidence in the team's ability to achieve targets.
Key takeaways
NLC's market capitalization grew from 9,000 crores to over 1.5 lakh crores, moving from small-cap to midcap.
NLC plans to triple power generation, double mining capacity, and increase renewable capacity sevenfold with a capex of 1.25 lakh crores.
On the day of financial results, NLC's share price increased by 18%, a record in the public sector.
NLC was praised by the Minister for Coal as the most professionally managed company in the country.
NLC framed core values in February 2023 and won first prizes in Swachh Pakwada and Hindi implementation last year.
Every great institution carries within it the strength of its past, the responsibility of the present, and the promise of its future. On this landmark occasion of NLCIL's 70th rising day, Gratitude Day 2026, it is fitting that we hear from the leader who is guiding this organization through an important phase of progress, consolidation, and transformation. With a clear focus on performance, people, project, and purpose, our respected CMD continues to lead NLC in advancing its role as a trusted contributor to the nation's energy landscape. May I now respectfully invite Sri Prasanna Motupalli, chairman and managing director of NLCIL, to deliver the presidential address.
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Motupalli, P. (2026, June 5). CMD Shri Prasanna Kumar Motupalli Addresses Gathering at NLCIL’s Grand 70th Raising Day Celebrations [Interview transcript]. NLC India Limited. CEOInterviews.AI. https://ceointerviews.ai/interview/1019848/
MLA
Prasanna Motupalli. "CMD Shri Prasanna Kumar Motupalli Addresses Gathering at NLCIL’s Grand 70th Raising Day Celebrations." NLC India Limited, 5 Jun. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/1019848/.
BibTeX
@misc{motupalli2026_1019848,
author = {Prasanna Motupalli},
title = {CMD Shri Prasanna Kumar Motupalli Addresses Gathering at NLCIL’s Grand 70th Raising Day Celebrations},
howpublished = {Interview transcript, NLC India Limited. CEOInterviews.AI},
year = {2026},
month = {jun},
url = {https://ceointerviews.ai/interview/1019848/},
note = {Speaker-attributed transcript with timestamps}
}
