Shares of NLC India Limited jumped 3.8% to ₹252.55 on Thursday, after signing two JV agreements with Rajya Vidyut Utpadan Nigam Limited (RVUNL). The first agreement focuses on three 125 MW lignite-based thermal power stations in Rajasthan, while the second involves NLC India Renewables Limited developing 2000 MW of renewable power projects in the region.