+
NLC India with Rs 4,400 cr to set up methanol project in Neyveli
POWER & RENEWABLE ENERGY

NLC India with Rs 4,400 cr to set up methanol project in Neyveli

NLC India Limited (NLCIL), which is a Navaratna Public Sector Undertaking (PSU) under the Ministry of Coal, plans to invest Rs 4,400 crore to set up a methanol project using lignite in Neyveli, Tamil Nadu.

This project will be the first of its kind in the state, with a capacity of 1,200 tonnes per day or 0.40 million tonnes per annum (mtpa) and will be commissioned in 2027.

According to a report, NLCIL has urged the Ministry of Coal to include the project in the Centre’s proposed production-linked incentive (PLI) scheme to provide a financial incentive for every unit of product sold.

The PSU has appointed Engineers India Limited (EIL), which is also a Navaratna PSU body under the Ministry of Petroleum and Natural Gas, as the project management consultant for the project.

EIL’s experience in the hydrocarbon sector, with NLCIL’s strong project implementation team and experience would successfully help in project completion.

National Institution for Transforming India (NITI) Aayog will monitor the successful implementation of this project.

Image Source

Also read: NLC India begins coal supply to NTPC Darlipali in Odisha

NLC India Limited (NLCIL), which is a Navaratna Public Sector Undertaking (PSU) under the Ministry of Coal, plans to invest Rs 4,400 crore to set up a methanol project using lignite in Neyveli, Tamil Nadu. This project will be the first of its kind in the state, with a capacity of 1,200 tonnes per day or 0.40 million tonnes per annum (mtpa) and will be commissioned in 2027. According to a report, NLCIL has urged the Ministry of Coal to include the project in the Centre’s proposed production-linked incentive (PLI) scheme to provide a financial incentive for every unit of product sold. The PSU has appointed Engineers India Limited (EIL), which is also a Navaratna PSU body under the Ministry of Petroleum and Natural Gas, as the project management consultant for the project. EIL’s experience in the hydrocarbon sector, with NLCIL’s strong project implementation team and experience would successfully help in project completion. National Institution for Transforming India (NITI) Aayog will monitor the successful implementation of this project. Image Source Also read: NLC India begins coal supply to NTPC Darlipali in Odisha

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?