In view of the huge demand for power in the near future, Neyveli Lignite Corporation is currently contemplating to increase its power generating capacity and is examining a number of power projects on offer, said Chairman and Managing Director, B Surender Mohan, adding that it is looking into nine projects, where the promoters have showed interest in letting NLC acquire the projects. These proposals have been received in response to call for expressions of interest by Neyveli Lignite.
The projects range from about 50 MW to over 150 MW in states including Tamil Nadu, Maharashtra, Telangana, Uttar Pradesh, Odisha and Chhattisgarh. The central public sector enterprise in lignite mining and power generation mines about 30 million tonnes of lignite annually and is also engaged in power generation of about 2,740 MW. In addition, it is also considering acquiring coal blocks in Mozambique, Indonesia and Australia for which technical, financial and legal due diligence is currently on.
In fact, the company needs coal for its projects in the pipeline including a 1,000-MW project jointly held with the Tamil Nadu Generation and Distribution Corporation at Tuticorin and NLC's own 4,000-MW project planned in Sirkali, he added.