NLC India has shortlisted 2x660 MW Ragunathpur Thermal Power Station of the Damodar Valley Corporation (DVC) for acquisition. Besides, the company has also identified two more stressed power assets for possible acquisition to augment its power generation capacity.
The government has reviewed the status of 34 stressed Thermal Power Projects, as per the list provided by Department of Financial Services (DFS), with an estimated debt of about Rs 1.77 lakh crore.
NLC India is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.
