NLC to invest Rs 27,740 crore for adding over 6,821Mw of power

NLC is planning to add over 6,821 megawatt (Mw) of power. In this regard, the company will invest over Rs 27,740 crore in these projects. Projects for addition of around 6,821 Mw from thermal, wind and solar energy are either under construction or in the formulation stage. Work for coal-based power plants with cumulative power generation of 1,500 Mw, which will be part of this proposed addition, is expected to be ready by end of 2019.

Currently, the navaratna company is operating four thermal power stations at Neyveli, Tamil Nadu, and one thermal power station at Barsingsar, Rajasthan, with a total installed capacity of 3,240 Mw. During the year, two units of TPS-II Expansion (2x250 Mw) achieved commercial operation.

Neyveli Lignite Corporation is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.