Neyveli Lignite Corporation (NLC) is planning to increase capacity of its Mine-1 A to 7 MTPA from the current 3 MTPA with an investment of Rs 1,453.3 crore. The proposed Expansion of Mine-IA is to extract lignite at the rate of 7 MTPA. The Mine is located at Cuddalore, Tamil Nadu.
The company is also expecting to replace its over 50 year old 600 MW TPS-I at Neyveli, which is in operation since 1961, with a MW New Neyveli Thermal Power Station (NNTPS) in 2015-16.
NLC is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines with a capacity of about 30.60 million tonnes per annum, while it can produce about 2,740 MW of power from four power plants.
