NLC India Limited, formerly Neyveli Lignite Corporation (NLC), is an Indian government owned mining company which operates the Neyveli Thermal Power Station and the Neyveli Lignite Mine.[1]
Proposed coal power stations and mines
As demand for electricity has grown rapidly, the Neyveli Lignite Corporation have proposed to build a number of new lignite and coal fired power stations and associated coal mines. These are the:
- Bithnok Thermal Power Project, a 250 megawatt lignite fired power station with the associated Bithnok lignite mine near Bithnok in Bikaner District, Rajasthan state, India;[2]
- the the 375 megawatt (MW) Barsingsar Thermal Power Project, which has been partly commissioned, and the associated Barsingsar Mine.[2]
- Gujarat Power Project is a proposed 500 megawatt (MW) coal plant of Neyveli Lignite Corporation (NLC) in Gujarat state, India.[3]
Projects cancelled
In May 2011, NLC announced that it was cancelling previous plants to build a 2,000 MW power project in Orissa in a three-way joint venture with Mahanadi Coal Fields Ltd and Hindalco Industries. The company also announced it was cancelling a 1,000 MW power project in Madhya Pradesh with Northern Coalfields Ltd.[4]
Principal bankers
In its 2010/2011 annual report, NLC lists its "principal backers" as being:[5]
- State Bank of India
- Canara Bank
- Central Bank of India
- Syndicate Bank
- Credit Agricole Corporate & Investment Bank
- United Bank of India
- Indian Bank
- Karur Vysya Bank Limited
- Indian Overseas Bank
Contact details
Block - 1, Neyveli - 607 801,
Cuddalore District,
Tamilnadu.
Website: http://www.nlcindia.com/
Resources and articles
Related GEM.wiki articles
References
- ↑ Neyveli Lignite Corporation, "Company Profile", Neyveli Lignite Corporation website, accessed November 2011.
- ↑ 2.0 2.1 "Neyveli Lignite Corporation Ltd: Directors Report", July 2010.
- ↑ "Neyveli Lignite to go alone on Gujarat power project," Sarkaritel.com, May 28, 2011.
- ↑ "Neyveli Lignite to go alone on Gujarat power project," Sarkari.com, May 28, 2011
- ↑ Neyveli Lignite Corporation, "Annual Report 2010-11", Neyveli Lignite Corporation, August 2011, page 1. (Pdf)
