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Neyveli Lignite Corporation is examining a number of power projects on offer to scale up its generating capacity rapidly.
B Surender Mohan, Chairman and Managing Director, NLC, said it is examining 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 each,” Mohan told BusinessLine after the company’s annual general meeting. “Three are from Tamil Nadu and the others are from Maharashtra, Telangana, Uttar Pradesh, Odisha and Chhattisgarh,” he added.
The Central public sector enterprise in lignite mining and power generation mines about 30 million tonnes of lignite annually and has association power generation of about 2,740 MW. Addressing shareholders, Mohan said NLC is also examining offers from coal blocks abroad.
It is considering acquiring coal blocks in Mozambique, Indonesia and Australia for which technical, financial and legal due diligence are on.
NLC 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.
The long delayed 2x250-MW Thermal Power Station II expansion project will go on stream this month, he said.
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