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Neyveli Lignite Corporation to foray into coal mining for power generation

23 Nov 2015 Evaluate

Neyveli Lignite Corporation (NLC), the state-run miner is set to foray into coal mining for power generation and aspires to become a 19,000 MW power company by 2025.

The company has three open cast lignite mines of a total capacity of 28.5 million tonnes per annum (MTPA) at Neyveli and one open cast lignite Mine of capacity 2.1 MTPA at Barsingsar, Rajasthan.

Neyveli Lignite Corporation is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.


Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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