The firm's total power generating capacity has gone up to 6,044 Mw following the commissioning of two plants
The public sector undertaking has already deposited Rs 134.36 crore to Odisha Compensatory Afforestation Fund Management and Planning Authority (CAMPA) account.
Adani Enterprises has been chosen the Mine Developer cum Operator (MDO) for the coal blocks
The proposed projects are part of the company's 'Vision 2025' plan to increase its power production to 16,379 Mw and total mining capacity to 123.15 MTPA
This power project will replace the existing five-decade-old TPS-I (600MW) at Neyveli, according to Rakesh Kumar, CMD of NLC India
The shares would be purchased from equity shareholders on a proportionate basis through a tender offer
The company plans to increase its total power producing capacity from the current 4,731 MW to 21,011 MW
Of the total proposed investment, around 70% will be funded through debt and the rest through equity
Govt approved disinvestment of 3% equity shares of NLCIL as base offer, with an option to retain oversubscription up to additional 2% equity shares
The 5% stake sale would fetch about Rs 800 crore to the exchequer
NLC CMD Sarat kumar Acharya said they had passed on the benefits of GST by way of lower power tariffs
NLC India Limited (NLCIL), a Navratna Public Sector Enterprise under the administrative control of Ministry of Coal (MoC), to increase its lignite mining capacity of 62.15 Million Tonnes Per Annum (MTPA) compared to a present capacity of 30.60 MTPA, Coal production of 31 MTPA and Power generating capacity to 20971 MW. The company is also going aggressively in renewable energy with wind and solar energy projects.The company has got lignite mining capacity of around 30.60 MTPA in Neyveli and Rajasthan, while its power production capacity is around 4295 MW.S K Acharya, chairman and managing director, NLCIL said 2016-17 has been a successful and eventful year for NLC India Limited. The company has scaled new heights in its Physical performance ever since its inception in the areas of lignite mining and Power generation.All the products registered a growth, over the performance of previous year. Lignite production registered a growth of 8.49 per cent and Power Generation registered a ...
BGR bags order for NLC's Uttar Pradesh plant, Reliance bags Rajasthan project
Income grew marginally to Rs 1974.10 crore during the quarter ended June 30, 2016