NLC India Limited
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;
- the the 375 megawatt (MW) Barsingsar Thermal Power Project, which has been partly commissioned, and the associated Barsingsar Mine.
- Gujarat Power Project is a proposed 500 megawatt (MW) coal plant of Neyveli Lignite Corporation (NLC) in Gujarat state, India.
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.
In its 2010/2011 annual report, NLC lists its "principal backers" as being:
- 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
Block - 1, Neyveli - 607 801,
Resources and articles
Related SourceWatch articles
- Neyveli Lignite Corporation, "Company Profile", Neyveli Lignite Corporation website, accessed November 2011.
- "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)