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        NEL was established in 1984 to manufacture Nitro-Glycerine (NG) based explosives in technical and financial collaboration with M/s.Chematur Engineering, M/s.Dyno Industries and M/s.AB Scwedfund in Wardha District, Maharashtra. The plant commenced commercial production in December 1986.

        Post the ban imposed on possession, sale and use of NG based explosives by Government of India vide a gazette notification dated 21.01.2004, NEL diversified into manufacturing Class 2 category Emulsion based Explosives and Petrochemicals.