Neyveli Lignite Corporation (NLC) is examining a number of power projects on offer to scale up its generating capacity rapidly. B Surender Mohan, Chairman and Managing Director, NLC, said it is examining nine projects, where the promoters have showed interest in letting NLC acquire the projects.
Tag: NLC
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SEBI to decide on TN govt’s proposal
Securities and Exchange Board of India (SEBI) would decide whether the Undertakings of Government of Tamil Nadu can buy the 5 per cent equity of Neyveli Lignite Corporation (NLC). The decision to offload the central government's 5 per cent equity in NLC was taken at a meeting of the Cabinet Committee on Economic Affairs on June 21. The union government plans to mop up around Rs 700 crore
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NLC to invest Rs 29,000 cr
The government-owned Neyveli Lignite Corporation (NLC) has lined up Rs 29,000 crore of investments during the 12th Plan period to take the total power generation to 11,195 MW by end of the next five year plan.