NLC to acquire multiple power projects -

Neyveli Lignite Corporation is examining a number of power projects on offer to scale up its generating capacity rapidly. The company exploring opportunity to acquire nine projects, and even the promoters have shown great interest.  The call for expressions of interest by Neyveli Lignite has got a very positive response.

“All these proposed projects are from 50 MW to over 150 MW each,” and three of them are from Tamil Nadu and others are from Maharashtra, Telangana, Uttar Pradesh, Odisha and Chhattisgarh,”.

NLC mines about 30 million tonnes of lignite per anuum and has been associated with power generation of about 2,740 MW.

NLC is considering acquiring coal blocks in Mozambique, Indonesia and Australia for which technical, financial and legal emamination is on.

NLC is in need of coal for its projects in the pipeline including a 1,000-MW a jointly-held project with the TNGDC at Tuticorin and NLC’s own 4,000-MW project planned to come up in Sirkali.

2×250-MW Thermal Power Station II expansion project will soon go on stream some time this month, after a long delay.

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