Neyveli Lignite Corporation has received an intimation letter from the Recognized Unions and few other registered unions communicating their intention to go on an indefinite strike till the disinvestment proposal of NLC shares is withdrawn by Government of India.
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.
