NCL to accelerate UP coal power project
POWER & RENEWABLE ENERGY

NCL to accelerate UP coal power project

Central public sector mining and power utility Neyveli Lignite Corporation NLC India Ltd has been making efforts to put its Rs 17,000 crore joint venture (JV) project in Uttar Pradesh back on track after delays due to Covid-19.

Neyveli Uttar Pradesh Power Ltd is a joint venture of 51:49 ratio between NLC India Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. It is setting up a coal-based thermal power plant that has a capacity of 1980 MW situated in Ghatampur, Kanpur Nagar district, Uttar Pradesh. The power plant of 1980 MW (3*660 MW) would cost Rs 17,237.80 crore along with an original commissioning schedule dated in December 2020 for its Unit 1. This will be followed by the remaining two units within six months each. It was approved in July 2016 by the Centre. During 2019-20, the JV has spent a capital expenditure of Rs 3,525.18 crore. The total expenditure till March 2020, was estimated at Rs 9,199.20 crore.

The commissioning of Unit 1 has been deeply impacted by Covid-19.

The project schedule has been impacted by the pandemic. Moreover, the management has made efforts to accelerate the progress of the project and bring it right on schedule. They intend to increase the manpower strength from 4,200 to 6,000. Additionally, they would utilise incentives and several other measures announced by the Central Government that would help revive the economy.

Also, the JV has signed a power purchase agreement with Uttar Pradesh Power Corporation to supply 75% of the power. The coal supply is linked to Packwara’s south coal block located in Jharkhand. The Ministry of Coal has approved the Bridge coal linkage of 0.5 MT for 2020-21. The remaining would be fulfilled by Talabira 2 and 3 mines as per the report shared by NLC India.

In the fiscal year 2020, NLC India added 1,209 MW and on 30 June 2020, it added 17.5 MW. Moreover, it retired 400 MW, leading to its total installed capacity to 4,661.06 MW.

Central public sector mining and power utility Neyveli Lignite Corporation NLC India Ltd has been making efforts to put its Rs 17,000 crore joint venture (JV) project in Uttar Pradesh back on track after delays due to Covid-19.Neyveli Uttar Pradesh Power Ltd is a joint venture of 51:49 ratio between NLC India Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. It is setting up a coal-based thermal power plant that has a capacity of 1980 MW situated in Ghatampur, Kanpur Nagar district, Uttar Pradesh. The power plant of 1980 MW (3*660 MW) would cost Rs 17,237.80 crore along with an original commissioning schedule dated in December 2020 for its Unit 1. This will be followed by the remaining two units within six months each. It was approved in July 2016 by the Centre. During 2019-20, the JV has spent a capital expenditure of Rs 3,525.18 crore. The total expenditure till March 2020, was estimated at Rs 9,199.20 crore. The commissioning of Unit 1 has been deeply impacted by Covid-19. The project schedule has been impacted by the pandemic. Moreover, the management has made efforts to accelerate the progress of the project and bring it right on schedule. They intend to increase the manpower strength from 4,200 to 6,000. Additionally, they would utilise incentives and several other measures announced by the Central Government that would help revive the economy. Also, the JV has signed a power purchase agreement with Uttar Pradesh Power Corporation to supply 75% of the power. The coal supply is linked to Packwara’s south coal block located in Jharkhand. The Ministry of Coal has approved the Bridge coal linkage of 0.5 MT for 2020-21. The remaining would be fulfilled by Talabira 2 and 3 mines as per the report shared by NLC India. In the fiscal year 2020, NLC India added 1,209 MW and on 30 June 2020, it added 17.5 MW. Moreover, it retired 400 MW, leading to its total installed capacity to 4,661.06 MW.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement