NLC India to invest in Rs430 bn power, mining projects
POWER & RENEWABLE ENERGY

NLC India to invest in Rs430 bn power, mining projects

Tamil Nadu based NLC India, a Navratna company under the Ministry of Coal is planning to roll out numerous power and mining projects worth Rs 430 billion in value. The new projects are expected to add 3,920 Mw of power, including 1,000 Mw solar power, and 11.50 million tonnes per annum (MTPA) of mining capacity to the company.

On July 3, 2020, the company had signed a joint venture agreement with Coal India (CIL) to set up 5,000 Mw of solar and thermal assets across the country. The ratio of equity participation between the two central public sector undertakings as mentioned by NLC India is 50:50. The proposed projects under formulation include a 3X800 Mw power project in Odisha, a 2X800 Mw thermal power plant, 2X660 Mw Thermal power station-II expansion in Neyveli, 1,000 Mw solar power project, and an 11.50 MTPA mining project in Neyveli, according to the company’s annual report. These projects are expected to commence operations between 2023 and 2027.

In September 2019, NLC India completed 709 Mw solar power projects in Tamil Nadu. This milestone increased the solar power generation capacity to 1350 MW making the company the first central public sector enterprise (CPSE) in the country to achieve solar power generation capacity of more than 1 Gw.

According to the company’s annual report, the company added a total of 1,209 Mw during 2019-20 and 17.5 Mw (solar) till June 30, 2020, and retired 400 Mw to its installed capacity. With this addition and retirement, the total installed capacity is now 4661.06 Mw. 

Out of 20 Mw solar power project in Andaman & Nicobar Island, 2.5 Mw was commissioned in December 2018 and the remaining 17.5 Mw on June 30, 2020. The commissioning of the balance 17.5 was delayed by three and a half months because of the disruption caused by COVID 19 and lockdown.

Without stating a reason, the firm has decided to put certain mining and power projects on hold for now. These include 500 Mw Thermal power projects in Rajasthan and 4.15 MTPA mining project in Rajasthan and 4 MTPA mining project in Tamil Nadu. 

But, taking into account the power projects under implementation and also the envisaged acquisition of power assets, NCL India is anticipated to grow to 21 GW power generating company by the year 2025 including Subsidiaries.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Tamil Nadu based NLC India, a Navratna company under the Ministry of Coal is planning to roll out numerous power and mining projects worth Rs 430 billion in value. The new projects are expected to add 3,920 Mw of power, including 1,000 Mw solar power, and 11.50 million tonnes per annum (MTPA) of mining capacity to the company.On July 3, 2020, the company had signed a joint venture agreement with Coal India (CIL) to set up 5,000 Mw of solar and thermal assets across the country. The ratio of equity participation between the two central public sector undertakings as mentioned by NLC India is 50:50. The proposed projects under formulation include a 3X800 Mw power project in Odisha, a 2X800 Mw thermal power plant, 2X660 Mw Thermal power station-II expansion in Neyveli, 1,000 Mw solar power project, and an 11.50 MTPA mining project in Neyveli, according to the company’s annual report. These projects are expected to commence operations between 2023 and 2027.In September 2019, NLC India completed 709 Mw solar power projects in Tamil Nadu. This milestone increased the solar power generation capacity to 1350 MW making the company the first central public sector enterprise (CPSE) in the country to achieve solar power generation capacity of more than 1 Gw.According to the company’s annual report, the company added a total of 1,209 Mw during 2019-20 and 17.5 Mw (solar) till June 30, 2020, and retired 400 Mw to its installed capacity. With this addition and retirement, the total installed capacity is now 4661.06 Mw. Out of 20 Mw solar power project in Andaman & Nicobar Island, 2.5 Mw was commissioned in December 2018 and the remaining 17.5 Mw on June 30, 2020. The commissioning of the balance 17.5 was delayed by three and a half months because of the disruption caused by COVID 19 and lockdown.Without stating a reason, the firm has decided to put certain mining and power projects on hold for now. These include 500 Mw Thermal power projects in Rajasthan and 4.15 MTPA mining project in Rajasthan and 4 MTPA mining project in Tamil Nadu. But, taking into account the power projects under implementation and also the envisaged acquisition of power assets, NCL India is anticipated to grow to 21 GW power generating company by the year 2025 including Subsidiaries.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000