Nlc

NLC India board approves investment proposals worth Rs 14,945 crore

NLC India Ltd on Thursday said its board has approved investment proposals worth Rs 14,944.91 crore for setting up power and mining projects in Tamil Nadu. The company, which comes under the coal ministry, plans to invest over Rs 43,000 crore in various power and mining projects. According to a regulatory filing, the company's board of directors has approved the investment proposal for establishing Mine III (peak Capacity-11.50 MTPA & Normative capacity- 8.71 MTPA) at Neyveli, Tamil Nadu at an estimated cost of Rs 3,755.71 crore. The board has also given its go-ahead to the investment proposal to set up "TPS II 2nd Expansion Thermal Power Station (2 X 660 MW) at Neyveli, Tamil Nadu at an estimated cost of Rs 11,189.20 crore". NLC India has presence in TamilNadu, Rajasthan, Uttar Pradesh, Odisha, Jharkhand and Andaman and Nicobar Islands. The company operates three opencast lignite mines of total installed capacity 28.50 Million Tonnes Per Annum (MTPA) at Neyveli, one opencast ...

NLC India to roll out power, mining projects worth over Rs 43,000 crore

The company signed a JV agreement with Coal India Ltd (CIL) to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027

NLC on war footing to operationalise boiler units after Thursday mishap

The company has asked an expert to investigate the mishap, even as two of the eight workmen who sustained injuries are under special care

Discoms in southern states, Rajasthan to get Rs 15.23-bn benefits from NLC

Technical expertise and efficient mining operations, combined with Prudent cost management, helped reduce the cost of transfer price, say NLC officials

NLC Ltd to add 6,820 Mw of power at cost of Rs 27,740 crore

Kicks off inorganic growth with Rs 7,547-crore project

NLC pays Rs 229 crore interim dividend to Union govt

The total outgo to the company on its paid-up capital of Rs 1,677.71 crore is Rs 251.66 crore