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What is Neyveli Lignite Corporation Limited mean?
NLC India Limited (NLC) (formerly Neyveli Lignite Corporation Limited) is a Navratna government of India company in the fossil fuel mining sector in India and thermal power generation. It annually produces about 30 million tonnes of Lignite from opencast mines at Neyveli in the state of Tamil Nadu in southern India and at Barsingsar in Bikaner district of Rajasthan state. The lignite is used at pithead thermal power stations of 3640 MW installed capacity to produce electricity. Its joint venture has a 1000 MW thermal power station using coal. Lately, it has diversified into renewable energy production and installed 1404 MW solar power plant to produce electricity from photovoltaic (PV) cells and 51 MW electricity from windmills.
It was incorporated in 1956 and was wholly owned by the Government of India. A small portion of its stock was sold to the public to list its shares on stock exchanges where its shares are traded. It is under the administrative control of Ministry of Coal.
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Posted on 27 Nov 2024, this text provides information on Miscellaneous in Navratna Central Public Sector Enterprise related to Navratna Central Public Sector Enterprise. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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