NLC to add 1000 MW to regional grid this year

The Neyveli Lignite Corporation (NLC) will add 1,000 MW of power to the regional grid during the current financial year, said its Chairman and Managing Director A.R. Ansari. He said that the Corporation was on the verge of commissoning unit one of Thermal Power Station-II of 250 MW plant at Neyveli, followed by the second unit in December. The first unit of 500 MW plant of Tuticorin a joint venture of NLC and Tamil Nadu Generation and Distribution Corporation would be commissioned during 2012-13 and the second unit by 2013-14. Mr. Ansari said that the plan of the NLC was to add 15,000 MW of power by 2020 at an investment of around  90,000 crore, of which 30 per cent would come a equity from NLC. About 80 per cent of the projects were coal based and NLC was scouting for coal mines in Australia.

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