Neyveli Lignite Corporation
|Traded as||BSE: 513683
|Key people||Shri. B Surender Mohan (Chairman & MD)|
|Products||electricity generation and distribution, hydroelectricity, wind power, energy trading|
|Revenue||48.66 billion (US$810 million)(2011–2012)|
|Net income||14.11 billion (US$230 million)(2011–2012)|
Neyveli Lignite Corporation Limited (NLC) is a government-owned lignite mining and power generating company in India. NLC operates the largest open-pit lignite mines in India, presently mining 24 MT of lignite and has an installed capacity of 2,740 MW of electricity. It also supplies a large quantity of sweet water to Chennai from the artesian aquifers in the lignite mines. On 11 April 2011, it joined the elite group of Navratna Companies. In 1956 NLC was formed as a Corporate body.
The presence of lignite in the area was discovered by C. Jambulingam Mudaliar when he dug borewell in his land for irrigation. The water which emerged was black in colour so he asked the erstwhile madras presidency to conduct the necessary experiments for the reason of black colour of water. He donated his land to the then government free of cost when the reason was detected to be the presence of lignite for its utilisation in power generation, for the benefit of people.
Mines & Thermal Plants
NLC operates mines with linked power plants.
|Mine||Production (MTPA)||Power Station||Capacity (MW)|
|Mine I||10.5||Thermal Power Station-I||600|
|Mine IA||3.0||Thermal Power Station- I Expansion||420|
|Mine II & Expansion||15.0||Thermal Power Station-II||1470|
|Barsingsar Mine||2.1||Barsingsar Thermal Power Station||250|
NLC has well-developed township in Neyveli in the district of Cuddalore, Tamil Nadu,India. It is well connected by road along the Chennai - Thanjavur National Highway NH 45C and Cuddalore - Salem National Highway NH-532. A dedicated rail track with a Railway station was constructed to transport heavy machineries for the mining and the power generation industries.
Recently started Barsingsar Mining & Power Project has also got a new small township named 'Lignite Shakthi Nagar' for the employees in the project. It is situated near Barsingsar Village 30 km from Bikaner towards Jodhpur with a diversion from NH-89 near Palana.
The government had initiated efforts to disinvest shares in the profit-making institution. As of 5 July, 27,000 workers and employees of NLC have been on an indefinite strike protesting the disinvestment plans.
- PTI (13 July 2013). "Neyveli Lignite Corporation workers continue strike in Tamil Nadu". NDTV.com. Retrieved 14 July 2013.
- "Neyveli Lignite Corporation". Website. Moneycontrol.com. Retrieved 14 July 2013.
- "Neyveli Lignite Corporation Ltd Strike May Result In Power Shortage-Business Standard". reuters.com. 8 July 2013. Retrieved 14 July 2013.
- Official website
- Department of Public Enterprises
- Ministry of Coal
- Tamil Nadu State Electricity Board