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Neyveli Lignite shines on inviting bids from global firms for providing consultancy

NLC India Ltd. | Power Generation/Distribution | Power | BSE: 513683 | NSE: NLCINDIA

25 Apr 2013 Evaluate

Neyveli Lignite Corporation is currently trading at Rs. 70.60, up by 0.95 points or 1.36% from its previous closing of Rs. 69.65 on the BSE.

The scrip opened at Rs. 69.75 and has touched a high and low of Rs. 70.80 and Rs. 68.85 respectively. So far 5,373 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 90.65 on 08-Aug-2012 and a 52 week low of Rs. 64.25 on 22-Mar-2013.

The current market cap of the company is Rs. 11,844.00 crore.

The promoters holding in the company stood at 93.56% while Institutions and Non-Institutions held 4.90% and 1.54% respectively. Neyveli Lignite Corporation (NLC) has invited bids from global firms on behalf of Neyveli Uttar Pradesh Power (NUPPL) for providing consultancy for its 1,980 MW thermal Power Project located at Ghatampur Tehsil in the state of Uttar Pradesh involving a cost of Rs 11,128 crore. Uttar Pradesh Rajya Vidyut Utpadan Nigam and NLC entered into a joint venture for the thermal power plant.

On the basis of an international competitive bidding process the consultant will be selected and the total consultancy contract shall be executed in two phases. The scope of work for Phase-I briefly covers basic design & engineering, vendor selection while the scope of work for Phase-II covers inspection services, expediting services and project management services.

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. It is one of the best public sector units in the country and a best profit making company in the past 16 years.

Neyveli Lignite Share Price

307.80 7.30 (2.43%)

20-Apr-2026 12:06 View Price Chart

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Neyveli Lignite shines on inviting bids from global firms for providing consultancy

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