Neyveli Lignite Corporation (NLC) is planning to augment its power generation capacity by 1,500 MW to 4,240 MW with TPS-II Expansion (500MW) at Neyveli and a coal-based power plant of 1,000 MW at NTPL, Tuticorin. Both these projects are expected to be completed in the year 2013-14. This would help the state of Tamil Nadu to address its power shortage.
The company, at present, operates three open cast lignite mines at Neyveli and one at Barsingsar, Rajasthan with a total capacity of 30.60 million tonne per annum and three thermal power stations at Neyveli and one at Barsingsar with a total installed capacity of 2,740 MW.
Meanwhile, NLC reported 20% growth in sales during the third quarter at Rs 1,255.70 crore as compared to Rs 1,045.99 crore for the same period in the previous year 2011-12.
