NLC mulls Rs 402 bn power project

NLC (Neyveli Lignite Corporation) plans to invest Rs 40,200 crore to build power plants in Tamil Nadu, Rajasthan and Uttar Pradesh. The company plans to install 7,500 MW of power generation capacity, including a 4,000 MW plant in Tamil Nadu and a 2,000 MW plant in Uttar Pradesh. The coastal Sirkali Thermal Power Project in Nagapattinam district of Tamil Nadu has already got in-principle approval from the company board. The project would be implemented in two phases of 2,000 MW each, at an estimated cost of Rs 20,000 crore, using coal as the main fuel.Contact: Neyveli Lignite Corporation.Tel: 044-2836 4613.Fax: 044-2836 4625.Website: www.nlcindia.com