NLC India has passed on the benefits of reducing Lignite Transfer Price for captive use by around Rs 300/Ton this financial year, through its technical expertise and efficient mining operation combined with Prudent Cost Management, leading to lowering of Power Tariff ranging from Rs 0.35 to Rs 0.58 per Kwhr of electricity from its power plants with effect from April/May 2018.
On account of above reduction in transfer price, around Rs 683 crore will be passed on by the company to the beneficiary Power Distributing Companies in southern region.
NLC India is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.
