The first unit of the 1000 MW power project of the NLC Tamilnadu Power, a joint venture of Tangedco and Neyveli Lignite Corporation (NLC), is likely to commission by the end of August 2014. Besides, the company is also expected to be commissioned its Unit-II by the end of October 2014. The cost of the project is estimated to be Rs 6,602.74 crore. Due to non-mobilisation of adequate manpower by Bharat Heavy Electricals and technical problems in the boiler, there was initial delay in the project. Currently, NLC operates four lignite based power stations with a total capacity of 2,740 MW.
Neyveli Lignite Corporation 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, and is generating 2490 MW of power.
| Company Name | CMP |
|---|---|
| NTPC | 397.90 |
| Tata Power | 433.65 |
| Adani Power | 200.80 |
| Power Grid Corp | 319.60 |
| Torrent Power | 1605.70 |
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