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NLC’ JV to commission its 1st unit of the 1000 MW power project by end of August 2014

05 Aug 2014 Evaluate

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.

Neyveli Lignite Share Price

304.35 3.85 (1.28%)
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