Neyveli Lignite Corporation (NLC) is thinking over acquiring coal blocks both in India and abroad overseeing an estimated shortfall of coal of about 230 MT by 2016-17. NLC is also planning to undertake a coal-based power plant at Ghatampur, Uttar Pradesh with a capacity of 1980MW to be implemented jointly with Uttar Pradesh Rajya Vidhyut Uthpadhan Nigam.
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, while it can produce about 2,740 MW of power from four power plants.
