September 14, 2012

The Navaratna company Neyveli Lignite Corporation (NLC) said that it is proposed to consider power projects with a generation capacity to the tune of 6480 mega watt (MW) in two five year plan periods.

The projects would attract an investment of around Rs. 32,400 crore, with the given market rate at Rs. 5 crore to set up a MW, which is coal based.

Addressing the shareholders at Chennai, NLC’s Chairman and Managing Director B Surender Mohan said, “it is proposed to conside power projects of 6,480 MW capacity during 12 and 13th Plan periods”.

Currently, the company has a generating capacity of 2,740 MW, which will be increased to 4,700 MW.