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NLC India Ltd on Thursday mentioned its board has accepted funding proposals value Rs 14,944.91 crore for establishing energy and mining initiatives in Tamil Nadu.
The corporate, which comes below the coal ministry, plans to take a position over Rs 43,000 crore in varied energy and mining initiatives.
In keeping with a regulatory submitting, the corporate’s board of administrators has accepted the funding proposal for establishing Mine III (peak Capability-11.50 MTPA & Normative capacity- 8.71 MTPA) at Neyveli, Tamil Nadu at an estimated value of Rs 3,755.71 crore.
The board has additionally given its go-ahead to the funding proposal to arrange “TPS II 2nd Enlargement Thermal Energy Station (2 X 660 MW) at Neyveli, Tamil Nadu at an estimated value of Rs 11,189.20 crore”.
NLC India has presence in TamilNadu, Rajasthan, Uttar Pradesh, Odisha, Jharkhand and Andaman and Nicobar Islands.
The corporate operates three opencast lignite mines of whole put in capability 28.50 Million Tonnes Per Annum (MTPA) at Neyveli, one opencast lignite mine at Barsingsar in Rajasthan with an put in capability of two.10 MTPA and an open solid coal mine at Talabira in Odisha with an put in capability of 20 MTPA.
It additionally operates 4 lignite based mostly pit-head thermal energy stations with an mixture capability of three,390 MW at Neyveli and one 250 MW lignite based mostly thermal energy station at Barsingsar, Rajasthan.
A 1,000 MW coal-based thermal energy station can also be in operation at Thoothukudi, Tamil Nadu via its subsidiary firm, NLC Tamilnadu Energy Ltd (NTPL), a three way partnership between NLCIL and TANGEDCO.
(PTI)
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